For Sale: Preston MLS# 7079896
Active
NEW!
$175,000
Commercial: Other
Built 1900
0.826 acres
Glenwood City schools
MLS# 7079896
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Property Description
Excellent investment opportunity in the heart of Preston! This 8-lot mobile home park offers steady income potential with all lots currently set up with individual gas, electric, and water utilities. Tenants own their homes, making this a low-maintenance land lease investment. Current lot rents are $250/month per site. Conveniently located directly across from the school and just blocks from U.S. Highway 52, providing easy access and strong rental appeal. Great opportunity to expand your investment portfolio with stable cash flow and upside potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$175,000
Property Type:
Commercial
City:
Preston
Garage Spaces:
0
County:
Fillmore
Year Built:
1900
State:
MN
Property Style:
Other
Zip Code:
55965
Exterior
Garage Spaces:
0
Foundation Size:
1 ft2
Handicap Accessible:
None
Heating System:
Other
Parking Features:
Gravel
Lot & Land
Acres:
0.826
Geolocation:
43.6769413903, -92.0891548424
Inclusions:
Land, Leases
Lot Dimensions:
150 x 240
Zoning:
- Business/Commercial
- Other
Schools
School District:
2198
District Phone:
5077653843
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,004
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,004
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.