Listed by JBC Commercial Real Estate
$1,050,000
211 Veitch St
Details
Property Type Multifamily
Sub Type Apartment Building
Units 145
Class C
Acreage 21.300
145 Pad Mobile Home Park For Sale
Marketing description
Acks Mobile Home Park is in Emerado, North Dakota, featuring 145 total homesites with a mix of 78 park owned homes and 19 tenant owned homes. Residents pay their own electric, gas, water, and sewer, keeping operating expenses low. Located minutes from Grand Forks and key employment hubs, the park offers stable occupancy and significant value add opportunity through home infill, POH upgrades, rent optimization, and streamlined operations—positioning the next owner to unlock substantial upside.
Investment highlights
- 145 Homesites with room for operational and revenue growth
- 78 Park Owned Homes offering immediate income and upgrade potential
- 19 Tenant Owned Homes providing stability and reduced turnover
- Tenant Paid Utilities: electric, gas, water & sewer
- Multiple Value Add Levers:
- Infill vacant lots
- Improve and modernize POHs
- Adjust rents to market levels
- High Demand for Affordable Housing near Grand Forks
- Strong, Reliable Cash Flow with clear pathways for upside
Listing Contacts
Listed by JBC Commercial Real Estate
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