45 Unit - Market Rate Apartment - Built 2020
Turnkey Multifamily Investment Opportunity – 45-Unit Mid-Rise in Windom, MN
Discover a high-quality multifamily investment in Windom, MN— a 56,019 SF, 45-unit mid-rise built in 2020 with premium amenities and strong tenant appeal. This institutional-quality property is designed for long-term stability and high occupancy rates, featuring keyless controlled access, elevators, a fitness center, and a community room.
*90% Pay-As-You-Go TIF Note Through 2034 – Significant tax benefits for investors
*Diverse Unit Mix – One, two, and three-bedroom layouts to maximize tenant demand
*Premium Construction – Steel siding with brick accents, prefabricated metal deck systems
*Luxury Resident Features – 9-foot ceilings, open floor plans, recessed lighting, kitchen islands, stainless steel appliances
*Modern Convenience – In-unit laundry with extra shelving, walk-in closets, extra-wide hallways, and recessed apartment entryways
*Secure & Ample Parking – Attached and detached garages plus surveillance cameras for enhanced safety
*Scenic Views – Overlooks Cottonwood Lake, adding to tenant appeal and value
Windom, MN, is the county seat of Cottonwood County, a region known for strong agricultural and manufacturing industries. The city has a growing workforce of 2,378, with major employers including:
*TORO Manufacturing (600 employees)
*Windom Public Schools (176 employees)
*Fortune Transportation (175 employees)
Other key businesses include Ag Builders of Southern Minnesota, Windom Area Health, and Fast Global Solutions. The city’s stable employment base supports demand for quality rental housing.
This turnkey asset is an ideal acquisition for investors seeking cash flow, appreciation potential, and long-term tax incentives.
Contact us today for financials, rent roll, and investment details.
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