Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 5.2%
  • Listing ID: 2057896
  • Posted On: Feb 20, 2023
  • Updated On: May 22, 2023


Serenity Estates sits on 4 acres. There are 32 lots and a storm shelter to make it compliant with MN laws. This property has 13 of its 32 lots occupied. All tenants are currently paying $235/month for lot rent. With additional capital to remodel the vacant homes on site and in-fill the vacant lots, this property has a very high earning potential.

See OM for more details. Contact Noah at or 715-557-0651.


Located at the end of South Jackson Street in Minneota, MN.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 32
Total Occupancy: 41.0 %
Average MH Lot Rent: $235
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $23,263
Operating Expense: $11,125
Net Operating Income: $12,138
Expense Ratio: 47.8 %

Lot Information

Singlewide Lots: 32

Utility Information

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

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