River Terrace Mobile Home Park & Campground
Monticello, MN
Asking price
$8,500,000
Sites
—
Cap rate
6.70%
Price / site
—
About this property
Description River Terrace Park and Campground is located along the beautiful west bank of the Mississippi River. The property is a quiet and secluded community in close proximity to downtown Monticello. It is comprised of a 92-unit mobile home park and 87 RV/campground sites. Please see offering memorandum for complete details. Mobile Home Park Property Details: - Upper mobile home park acquired in September 2024 to improve scale. - Occupancy: 93% - Upper Park Land Size: 4.16 AC. Lower Park Land Size: 21 AC, 92 total sites plus duplex rental home. - Large commercial playground with 23 activities. - Monthly rates with sewer, water, and trash. -Upper Park: City Water. Lower Park: 3 Wells. - Large fishing pier overlooking the Mississippi River. - 2,000 sq. ft. recently remodeled duplex rental home located on park grounds. Lower-level rent: $1,450/mo. Upper-level rent: $1,850. - Roads and pads approximately 90% paved. Campground/RV Property Details: - 87 total sites with full hookups. - Daily, weekly, and monthly rates. - Paved & level site pads. 12'x40' & 12'x60' - Common restrooms with full showers. - Coin operated laundromat. - Self-service RV wash. - 67 @ 20/30 amp & 20 @ 20/30/50 amp. - Camp store + annex.
All details
| Asking price | $8,500,000 |
|---|---|
| Cap rate | 6.70% |
| Occupancy | 93% |
| Year built | 1978 |
| Address | 1335 River Street |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
