MN > Osakis > Nokomis Comm Properties
Osakis, MN 56360,301 E Nokomis ST
Osakis, MN 56360,301 E Nokomis ST
Osakis, MN 56360,301 E Nokomis ST
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Chad Pederson

Chad Pederson

+1(612) 325-8745
$799,000
Est. payment /mo
1.73 Acres Lot
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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!

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

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Listed by Robert Conn • ConnCrete Realty Solutions

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Chad Pederson

Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

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