$2,612,500
$2,750,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
262 Pine Cone PARK Perham, MN 56573
10.97 Acres Lot
Key Details
Sold Price $2,612,500
Property Type Commercial
Sub Type Business,Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6474443
Sold Date 01/30/25
Year Built 1975
Annual Tax Amount $4,186
Tax Year 2023
Contingent None
Lot Size 10.970 Acres
Acres 10.97
Lot Dimensions Irregular
Property Description
Seller offering $20,000 credit towards buyer's closing costs. 9.6 Cap Rate! Welcome to Pine Cone Park in Perham, MN - A 56 lot Mobile Home Community with room to expand on available adjacent lot. 12 Trailers owned by seller. Seller has installed a new cluster of mailboxes for each lot address. Each trailer is hooked up to city sewer and water. There is a lift station for the sewer. The city of Perham has an abundance of manufacturing jobs. The city is growing at a rate of 2.19% annually and its population has increased by 6.75% since the most recent census, which recorded a population of 3,495 in 2020. A new high school was built in 2019 with a state of the art wellness center. Call today for more information on this great investment opportunity!
Location
State MN
County Otter Tail
Zoning Business/Commercial
Interior
Heating None
Fireplace No
Exterior
Parking Features Asphalt
Utilities Available Electric Separate
Present Use Commercial,Other,Residential
Building
Foundation 1
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Other
Schools
School District Perham-Dent
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