Acks Mobile Home Park
Emerado, ND
Asking price
$1,050,000
Sites
145
Cap rate
10.30%
Price / site
$7,241
About this property
Description Acks Mobile Home Park is in Emerado, North Dakota, featuring 145 total homesites with a mix of 78 park owned homes and 19 tenant owned homes. Residents pay their own electric, gas, water, and sewer, keeping operating expenses low. Located minutes from Grand Forks and key employment hubs, the park offers stable occupancy and significant value add opportunity through home infill, POH upgrades, rent optimization, and streamlined operations—positioning the next owner to unlock substantial upside. Investment highlights: 145 Homesites with room for operational and revenue growth 78 Park Owned Homes offering immediate income and upgrade potential 19 Tenant Owned Homes providing stability and reduced turnover Tenant Paid Utilities: electric, gas, water & sewer Multiple Value Add Levers: Infill vacant lots Improve and modernize POHs Adjust rents to market levels High Demand for Affordable Housing near Grand Forks Strong, Reliable Cash Flow with clear pathways for upside
All details
| Asking price | $1,050,000 |
|---|---|
| Sites | 145 |
| Price per site | $7,241 |
| Cap rate | 10.30% |
| Address | 211 Veitch Street |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
