Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 0.0%
  • Listing ID: 1472533
  • Posted On: Jul 8, 2021
  • Updated On: Oct 13, 2021

Description

Property Information
51 ½ Acre Mobile Home Park located in Williams County, North Dakota
253 total sites with 91 completed and 7 occupied
Water is included with rent and the homes do not have sub-meters
Population Exceeds 30,000 within a 5-mile radius and has a median household income of over $55,300
Primary Property TypeMultifamily
Occupancy8%
Floors1
Lot Size (Acres)51.5
Starting Bid$100,000
Primary Sub-TypeMobile Home Park
Type of OwnershipFee Simple
Assessor's Parcel Number51-154-02-00-20-014
Property ID1000014781
Units253

Detailed Description
Property tours are available by appointment ONLY. Please contact Kristy Aasheim to schedule at 406-480-9383 or kristy@bakkenrealty.com.

ReMax Bakken Realty, in partnership with Ten-X, is pleased to offer for sale this Mobile Home Park in Williams County, North Dakota. The mobile home park is being offered in a fee simple interest, unencumbered by a management contract. This Mobile Home Park is comprised of 51.5 acres of land with 253 sites for the manufactured homes. So far, 91 sites are complete, and 7 are occupied paying lot rent to the current owner. The asset may be repositioned to fit a new owner’s vision. The market is growing with a new airport that was built in 2019, that will fuel the economy beyond the oil demands.

Williams County is located in northwestern North Dakota. The County was officially organized on December 8, 1891 and its boundaries have remained unchanged since 1910. Williams County is home to more than 35,000 people and one of the fastest growing counties in the nation. Oil and agriculture are the two key sectors of the County’s economy. The government is comprised of a Board of County Commissioners, four offices lead by elected officials, and 19 departments. Several appointed boards and commissions are also part of Williams County’s decision-making process.

Location

Williston, ND

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Park Information

Total Occupancy: 8.0 %
Size: 52 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: Septic

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