109 E Luverne St - Apartments CONDO FOR SALE


Luverne, MN 56156
$459,000 USD
612-419-9425
109 E Luverne St, Luverne, MN for Sale
$459,000 USD
Apartments CONDO - FOR SALE
1/39
null | Request Cap Rate

109 E Luverne St
Luverne, MN 56156


HIGHLIGHTS

  • Unique renovated school building
  • Updated units
  • Shared laundry, basketball court & community room

OVERVIEW

Don’t miss this prime investment opportunity to own within the City Centre Condo building, located in the heart of Luverne! This offering includes 8 units on the 3rd floor of the beautifully renovated historic school building, featuring unique residential spaces and a full-size gymnasium for recreation. The well-maintained property boasts spacious yard areas, a community room for events and gatherings, shared coin laundry, and elevator access to all upper floors. The units include a mix of 1.5 & 2-bedrooms. Ideally situated near local restaurants, shops, businesses, Luverne City Park, and the Rock River.

FOR SALE DETAILS

PRICE

$459,000 USD

PRICE/SF

$18 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

City Centre Apartments Units 329-336

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

25,000 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

D

APN/PARCEL ID

20-1696-329,20-1696-330,20-1696-331,20-1696-332,20-1696-333,20-1696-334,20-1696-335,20-1696-336,20-1696-337

ASK ABOUT THIS PROPERTY

Jason WalgraveRE/MAX Advantage PlusMore Info
612-419-9425

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Jason WalgraveRE/MAX Advantage PlusMore Info
612-419-9425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.