Pine Mountain Trailer Court for Sale in Grand Marais, MN
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Financial Details
- Asking Price:
- $495,000
- Annual Revenue:
- $84,000
- Cash Flow / SDE:
- $66,378
- Valuation Multiple:
- 7.5x
- Location:
- Grand Marais, MN, US
- Sources:
- Date:
- July 30, 2025
Key Highlights
- Fully occupied 20-lot mobile home park in Northern Minnesota.
- Generates good cash flow with expansion potential.
- Owner retiring, requiring only 5-10 hours per week for management.
Description
This listing is for a 20-lot mobile home park on approximately 10 acres near a lake in Northern Minnesota. The park is fully occupied with a monthly rent of $350 per lot. The owner is retiring and currently spends 5-10 hours per week on management. Additional land for expansion is available. The business generates good cash flow after debt service.
Industry Information
- Industry Description:
- Real Estate
- Classification:
- Retail
Listing Details
- Listing ID:
- 96a81d62-cb1e-43aa-bf44-2078399228b7
- Deal Status:
- For Sale
- Date Posted:
- July 29, 2025
- Last Updated:
- July 30, 2025
- Currency:
- USD
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