3911 Brian RdDuluth, MN 55803

Property Details for 3911 Brian Rd

Year built

2005

Lot size

7.50 AC

Property type

Mobile home & RV parks

Description

This exceptional 55+ mobile home park in Duluth, MN, presents a lucrative investment opportunity. Spanning 7.5 acres, the property boasts 20 lots, some configured as double lots, generating a gross revenue of $105,085 and an SDE of $79,529. Built in 2005, the park includes five buildings: the owner's 2-bedroom, 1-bathroom home (currently leased until October 2024), a garage/shop with an upper apartment, and three additional park-owned mobile homes. A common area with parking and a garden lot enhance the property's appeal. The park's location on a quiet street offers city utilities and proximity to Duluth's attractions, including Lake Superior's shoreline and Canal Park. Most residents own their mobile homes, simplifying maintenance. The sale includes the land, buildings, three mobile homes, a Kubota tractor, and a lawnmower. Seller financing is available at 50%. The current owner's minimal involvement allows for flexible management. This turnkey operation offers a strong return on investment and significant potential for future growth in a desirable location. The asking price is $1,200,000, with $30,000 in FF&E included. The park currently employs one part-time worker. The owner's reason for selling is retirement after 19 years of ownership.

Location Insight

City

Duluth

County

St. Louis

State

Minnesota

Latitude

46.8578

Longitude

-92.0911

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].