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Pending
301 E Nokomis ST Osakis, MN 56360
1.73 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Subdivision Nokomis Comm Properties
MLS Listing ID 6765304
Year Built 2014
Annual Tax Amount $8,572
Tax Year 2025
Contingent None
Lot Size 1.730 Acres
Acres 1.73
Lot Dimensions 386x149x429x96x30x160
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!
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!
Location
State MN
County Douglas
Zoning Business/Commercial,Residential-Multi-Family
Interior
Heating Forced Air
Cooling Central Air, Wall Unit(s)
Inclusions Building, Land, Leases
Fireplace No
Exterior
Parking Features Parking Lot, Paved Lot
Garage Spaces 2.0
Utilities Available Electric Common
Roof Type Metal
Present Use Commercial
Building
Story One
Foundation 9104
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
New Construction false
Schools
School District Osakis
Listed by Robert Conn • ConnCrete Realty Solutions