MN > Frazee
Frazee, MN 56544,512 Balsam AVE
Frazee, MN 56544,512 Balsam AVE
Frazee, MN 56544,512 Balsam AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
29
Dec
Mon
30
Dec
Tue
31
Dec
Ingrid Friel

Ingrid Friel

+1(612) 750-6392
$1,650,000
Est. payment /mo
10.41 Acres Lot
Save Virtual Tour

UPDATED:

07/10/2024 07:36 PM

Key Details

Property Type Commercial

Sub Type Business,Other,Resort

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6491367

Year Built 1998

Annual Tax Amount $9,202

Tax Year 2023

Contingent None

Lot Size 10.410 Acres

Acres 10.41

Lot Dimensions Irregular

Property Description

Seller offering $15,000 credit towards buyer's closing costs. 9% Cap Rate! Albertson Lake MHC is ready for a lucky new owner to take over a great opportunity. This is a rare opportunity to buy an income producing park in the heart of lakes country. Frazee is a small community located just off Hwy 10 between Detroit Lakes and Frazee. You won't find many MHC's maintained and improved like this one. Comprised of 31 lots (room to add) Albertson Lake MHC sits on a nearly 11 acre lot with 580 FF overlooking Albertson Lake. City water, sewer, and asphalt paved road updated in 2022. There is a 30x30 shop with full basement (storm shelter) located at the rear of the property towards the lake. 11 trailers owned by park, the remaining are all lot rents. Inquire today for financial info, and start or improve your investment portfolio!

Location

State MN

County Becker

Zoning Business/Commercial

Body of Water Albertson

Interior

Heating Forced Air

Inclusions Building, Business Assets, Land, Leases, Other

Fireplace No

Exterior

Parking Features More Parking Onsite for Fee, RV Access/Parking

Garage Spaces 2.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Waterfront Description Lake Front

View Y/N Lake

View Lake

Present Use Commercial,Residential

Building

Lot Description Accessible Shoreline, Irregular Lot, Tree Coverage - Light, Underground Utilities

Foundation 900

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Steel Siding

Schools

School District Frazee-Vergas

Read Less Info
Listed by Christopher Nord • The Real Estate Company of Detroit Lakes

GET MORE INFORMATION

agent

Ingrid Friel

+1(612) 750-6392

Residential Realtor | License ID: 40213017

Residential Realtor License ID: 40213017

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.