301 E Nokomis Street, Osakis, MN

$950,000

9,104

Square feet

1.73

Acres

About 301 E Nokomis Street

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!

Features of 301 E Nokomis Street

MLS® # 6765304
Price $950,000
Square Footage 9,104
Acres 1.73
Year Built 2014
Type Commercial
Sub-Type Apartment Building
Style Apartment
Status Active
Contingency Type None

Community Information

Address 301 E Nokomis Street
Subdivision Nokomis Comm Properties
City Osakis
County Douglas
State MN
Zip Code 56360

Amenities

Amenities Fire Sprinkler System
# of Garages 2
Garages Parking Lot, Paved
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air, Wall Unit(s)
Fireplace No
Has Basement No

Exterior

Roof Metal
Construction Vinyl Siding

School Information

District Osakis

Additional Information

Zoning Business/Commercial,Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $8,572
Tax Year 2025
Office ConnCrete Realty Solutions

Listing Details

OfficeConnCrete Realty Solutions

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