MLS# 6824520 - 12244 State Highway 55 NW Southside Twp, MN 55302

This well-maintained property near Annandale, Minnesota features 29 mobile home pads, a fully rented duplex, and four income-producing storage units, offering a diverse and turnkey investment opportunity just a short drive from the Twin Cities. The property is offered at an 8.96% cap rate, with returns even higher when factoring in the included trailer contracts. The mobile home park is fully occupied, providing steady, reliable income from day one. Of the 29 mobile homes, 27 are individually metered, greatly reducing ownership expenses and simplifying utility management. Located close to Annandale’s amenities and with convenient access to major routes leading to the Twin Cities, this property offers an attractive blend of small-town living and commuter accessibility. With its stable occupancy, multiple income sources, and efficient operations, it represents an exceptional opportunity for investors seeking long-term value and consistent cash flow.

Ferndale Realty is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Move It Real Estate - Grand Rapids is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Move It Real Estate - Grand Rapids, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 12/6/2025 8:18:00 AM.