11% CAP Rate - 4 Unit Mobile Home Park with tremendous tenants an d in a great location.

The two southernmost homes are owned and rented out, the two northernmost homes are tenant owned with the lots being rented. This rental property has little owner expenses, tenants pay for their own heat and electricity.

The property includes a private well and 2 separate septic systems fr minimal water/sewer expense. Unit #4 is a 3 bedroom 1 bathroom, 980 SqFt. Unit #3 is a 2 bedroom, 1 bathroom, 980 SqFt. Contact your agent for financials.

Request Information
on 4840 Jackpine Rd NW
in Eckles, MN
Presented by Nick Hoover at
Coldwell Banker Crown Realtors.


Property MLS #6518044 from NorthstarMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 5

+ Bathrooms

Full Bathrooms: 2

+ Heating and Cooling

Fuel Expense: 100.00
Heating Features: Forced Air
Heating Fuel: Propane

+ Land Info

Land Lease Amount Frequency: No
Lot Size Acres: 1.63
Lot Size Dimensions: 330ftx220ft
Lot Size Square Feet: 71003

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Rental Info

Gross Income: 26700.00

+ Multi-Unit Info

Number of Units: 4

+ School Information

School District: 31 - Bemidji
+ Display Complete School Details

Bemidji Middle School is a public middle school located approximately 5.1 miles away.
Map directions

Bemidji Senior High School is a public high school located approximately 6.3 miles away.
Map directions

Solway Elementary School is a public elementary school located approximately 8.4 miles away.
Map directions

Heartland Christian Academy is a private elementary and middle school located approximately 1.8 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 448.00
Source Listing Status: Active
County: Beltrami
Directions: West on highway 2, then North on County 9, Left at Jackpine road, 4 unit mobile home park
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 1011.12
Manager Expense: 700.00
Parcel Number: 120017200
Trash Expense: 456.00
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2021	$unknown + $28,000 $28,000	$426
2020	$unknown + $28,000 $28,000	$426
2019	$unknown + $26,900 $26,900	$394
2018	$unknown + $26,900 $26,900	$384
2017	$unknown + $26,900 $26,900	$396
2016	$unknown + $26,900 $26,900	$382

+ Reveal Property Sale History

Price Changed 2024-05-08
$209,800
NorthstarMLS

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Listed 2024-04-12
$224,800
NorthstarMLS

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Sold 2021-05-06
$34,000
Public Record

+ Commercial Info

Net Operating Income: 22709.00
Operating Expense: 3991.00

+ Building and Construction

Total Square Feet Living: 1960
Above Grade Finished Area: 1960
Foundation Area: 1960.00
Property Age: 54
Property Condition: Previously Owned
Levels or Stories: 1
Total Above Grade Sqft Area: 1960.00
Total Area Main: 1960.00

+ Utilities

Electric Expense: 1276.00
Sewer: Septic System Compliant - Yes
Water Source: Well