302 Delaney St Alexander, ND 58831

This exceptional investment opportunity presents a 19-unit mobile home park situated on a spacious 3.7-acre lot in Alexander, North Dakota. Built in 2010, the park boasts a 74% occupancy rate, with 14 units currently fully leased. The park comprises 19 individual mobile home units, each situated on its own pad. Nine units offer two bedrooms, while the remaining nine units provide three bedrooms. Each unit provides approximately 1,130 square feet of living space. The property is zoned R1 and offers ample off-street parking for residents. The asking price for this well-maintained property is $1,200,000. While the majority of units are currently leased, a septic line repair is needed to accommodate leasing the remaining vacant units. This presents a strong potential for increased revenue upon completion of this relatively minor repair. The property's location in Alexander, ND, offers a stable market for rental properties. This is a turnkey investment opportunity with significant potential for growth and return. The property's strong occupancy rate and existing lease agreements provide immediate cash flow, making it an attractive option for investors seeking a stable and profitable venture in the North Dakota market. The address is 302 Delaney St, Alexander, ND 58831.