Rochester has been voted the #1 place to live in America by several national publications. Rochester is home to Mayo Clinic and Destination Medical Center (DMC). DMC is a 20 year economic development initiative worth $5.6 billion in public infrastructure and other projects.
Sealed Bid Deadline: 4:00 pm
1915 Marion Road SE
Rochester, MN 55904
Inspections
Staff will be On-Site During the Following Times:
Tuesday, July 12 • 9:00 am - 1:00 pm
Tuesday, July 19 • 9:00 am - 1:00 pm
Other Times By Appointment
Please do not disrupt residents in the Park. Occupied Homes/Lots will not be available for inspection.
Brochure
Description
Bob’s Trailer Court
24 Pad Manufactured Home & RV Park on 2.975± Acres
Perfect opportunity for a new owner to redevelop the site to multi-family housing or continue to operate as a Manufactured Home community.
Bob’s Trailer Court & RV Park is located just east of the NEW Longfellow Elementary School.
19 Manufactured Home Pads
5 Recreational Vehicle (RV) Short Term Pads with Bath House
On-Site Mini-Storage Units Available
1.25 Story 1,734 Sq. Ft. Single Family Dwelling built in 1950,
1-Bed/1-Bath, Basement/Storm Shelter, 3-Season Porch with 20’x24’ Detached Garage
City Water & Sewer, Natural Gas, Electricity/Telephone/Cable
Selling As A Package with Land, Single Family Dwelling and 13 Park Owned Homes.
Park Owned Homes: Lots 1, 3, 4, 10, 14, 19, 20, 21, 22, 26, 27, 28, 29
Tenant Owned Homes: Lots 8, 23
Lot Rent is $550/month for Tenant-Owned Homes and $900-$1,100/month for POH
Water, Sewer, Trash is Included, Tenants are Responsible for Electric/Gas
Most Recent Sale: June 2021 for $1,300,000
Out of State Owner Selling Due to Buying Another Property Out of State with a 1031 Exchange
County: Olmsted
2022 Taxes: $11,032
Parcel: 63.07.43.079461
Land Area: 2.975± Acres
Year Built: Single Family Home 1950, Mobile Home Park 1980s
Zoning: R-2 Low Density District
(City Would have to Approve Change to R-3 Medium Density District; for questions regarding rezoning/redeveloping this site please contact the Rochester Community Development Office at: 507-328-2600; or access the City of Rochester Zoning Ordinance and Land Development Manual.)
View Drone Video of the site:
To view other documents that may aid in your due diligence, please complete and return this release.
24 Pad Manufactured Home & RV Park on 2.975± Acres
Perfect opportunity for a new owner to redevelop the site to multi-family housing or continue to operate as a Manufactured Home community.
Bob’s Trailer Court & RV Park is located just east of the NEW Longfellow Elementary School.
19 Manufactured Home Pads
5 Recreational Vehicle (RV) Short Term Pads with Bath House
On-Site Mini-Storage Units Available
1.25 Story 1,734 Sq. Ft. Single Family Dwelling built in 1950,
1-Bed/1-Bath, Basement/Storm Shelter, 3-Season Porch with 20’x24’ Detached Garage
City Water & Sewer, Natural Gas, Electricity/Telephone/Cable
Selling As A Package with Land, Single Family Dwelling and 13 Park Owned Homes.
Park Owned Homes: Lots 1, 3, 4, 10, 14, 19, 20, 21, 22, 26, 27, 28, 29
Tenant Owned Homes: Lots 8, 23
Lot Rent is $550/month for Tenant-Owned Homes and $900-$1,100/month for POH
Water, Sewer, Trash is Included, Tenants are Responsible for Electric/Gas
Most Recent Sale: June 2021 for $1,300,000
Out of State Owner Selling Due to Buying Another Property Out of State with a 1031 Exchange
County: Olmsted
2022 Taxes: $11,032
Parcel: 63.07.43.079461
Land Area: 2.975± Acres
Year Built: Single Family Home 1950, Mobile Home Park 1980s
Zoning: R-2 Low Density District
(City Would have to Approve Change to R-3 Medium Density District; for questions regarding rezoning/redeveloping this site please contact the Rochester Community Development Office at: 507-328-2600; or access the City of Rochester Zoning Ordinance and Land Development Manual.)
View Drone Video of the site:
To view other documents that may aid in your due diligence, please complete and return this release.
Map
Broker Participation
Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, at the time of registration, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.
Payment Information
10% Buyer’s Premium. Sealed bids will be accepted by Maas Companies until Thursday, July 21 at 4 pm CT accompanied by a $20,000 earnest money deposit (cashier's check or wire transfer) and a completed Sealed Bid Form. Bids must be sent via a traceable courier to Maas Companies Inc at 6923 10 Ave SW, Rochester, MN 55902. Sealed Bids are binding and non-revocable.
All bids are subject to Sellers acceptance on or before Friday, July 22 at 4 PM CT. Bidders will be notified of the Sellers decision in writing via email and/or phone. Buyers are strongly encouraged to submit their highest and best bids by July 21.
An additional (earnest money) deposit is due within 48 hours bringing the total monies in escrow to 20% of the purchase price. Balance due at closing within 30 days.
The deposit money shall become Earnest Money and is non-refundable. Deposit Monies payable to Ohly Law, Jim Ohly is attorney overseeing the closing.
All bids are subject to Sellers acceptance on or before Friday, July 22 at 4 PM CT. Bidders will be notified of the Sellers decision in writing via email and/or phone. Buyers are strongly encouraged to submit their highest and best bids by July 21.
An additional (earnest money) deposit is due within 48 hours bringing the total monies in escrow to 20% of the purchase price. Balance due at closing within 30 days.
The deposit money shall become Earnest Money and is non-refundable. Deposit Monies payable to Ohly Law, Jim Ohly is attorney overseeing the closing.
Full Terms
The Sealed Bid Auction process is binding and offers are nonrevocable; buyers should request and thoroughly review all documents prior to submitting a sealed bid offer. Deposits of non-winning bidders will be returned immediately following the auction. To obtain a Sealed Bid Form, please contact the Auction Company at 507-285-1444.
Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.
In all transactions, Maas Companies is acting as an Agent for the Seller. Buyers are urged to inspect the property prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company.
Principal Auctioneer, Tyler Maas
Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.
In all transactions, Maas Companies is acting as an Agent for the Seller. Buyers are urged to inspect the property prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company.
Principal Auctioneer, Tyler Maas