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Active NEW!
$950,000
/mo Edit
Commercial:  Apartments
Built 2014
1.73 acres
Osakis schools
MLS# 6765304
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    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

    Contingency: None
    City: Osakis
    County: Douglas
    State: MN
    Property Style: Apartments
    Zip Code: 56360
    Subdivision Name: Nokomis Comm Properties

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 24x24
    Garage Size: 576 ft2
    Garage Door Height: 8
    Garage Door Width: 16
    Other Parking Spaces: 32
    Air Conditioning: Central Air, Wall Unit(s)
    Foundation Size: 9,104 ft2
    Foundation Dimensions: 153x51x99x39x33x39x54
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Parking Lot
    • Paved
    Shared Amenities: Fire Sprinkler System
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Metal

    Lot & Land

    Acres: 1.73
    Geolocation: 45.867442, -95.147049
    Inclusions: Building, Land, Leases
    Lot Dimensions: 386 x 149 x 429 x 96 x 30 x 160
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Schools

    School District: 213
    District Phone: 320-859-2191

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,572
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,889

    Units

    Total Units: 20

    Miscellaneous

    Current Use: Commercial
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of ConnCrete Realty Solutions.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.