1. Minnesota
  2. Osakis
  3. 301 E Nokomis Street
$950,000/mo

301 E Nokomis Street, Osakis, MN 56360

  • 9,104 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 2014
  • Property Lot Size Icon1.73acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $104/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

For Sale: 20-Unit Apartment Building with 12-Site RV Park – Prime Value-Add Opportunity! Discover an exceptional investment opportunity with this 20-unit apartment building paired with a 12-site RV park, located in a high-demand area. Built in 2014, this well-maintained property offers a mix of residential and untapped RV park revenue potential, making it a perfect value-add acquisition for savvy investors. Apartment Building Details: 20 Units Total: 18 Efficiency Units – Ideal for low-maintenance, high-demand rentals 1- One-Bedroom Unit 1- Large Two-Bedroom Unit RV Park Details: 12 Fully Equipped Campsites: Each site includes water, sewer, and electric hookups Concrete pads for durability and ease of use Untapped Revenue Stream: Current ownership has not developed or marketed the RV park, presenting a significant opportunity to generate additional income. Capitalize on the rising demand for RV camping by marketing and managing these turnkey sites. The apartment building provides consistent cash flow with a diverse unit mix catering to various tenant needs and is strategically located near the interstate on the main road that leads right through Osakis and onto Alexandria positioning the property to attract both long-term tenants and seasonal RV campers Why This Property? This unique combination of steady revenue from the apartment building and an undeveloped RV park offers investors the chance to acquire a stable asset with significant upside. By focusing on the RV park’s development, new ownership can boost NOI and capitalize on the growing RV camping market. Don’t miss this chance to own a versatile property with immediate income and long-term growth potential!

Listing Status:
Active
Listing Office:
ConnCrete Realty Solutions : 320-766-3111
MLS ID:
6765304
  • A/C: Central AirWall Unit(s)
  • Heating: Forced Air

This listing courtesy of ConnCrete Realty Solutions

Location

Schools Nearby

O

Osakis Elementary School

500 E 1st Ave, Osakis, MN, 56360

Grades PK-6

0.27 miles away

O

Osakis Secondary School

500 E 1st Ave, Osakis, MN, 56360

Grades 7-12

0.26 miles away

O

Osakis Secondary School

500 E 1st Ave, Osakis, MN, 56360

Grades 7-12

0.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.