612-805-5023
1740-1780 Lee Blvd, North Mankato, MN for Sale
Apartments - FOR SALE
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1740-1780 Lee Blvd
North Mankato, MN 56003


HIGHLIGHTS

  • Strong Historical Occupancy
  • Proximity to Employment and Education
  • Thriving Community Atmosphere

OVERVIEW

Michel Commercial is pleased to present Lee Estates Apartments, a 24-apartment home property located in North Mankato. This well-maintained property has a strong occupancy history. Featuring a desirable mix of one- and two-bedroom homes. Residents enjoy on-site laundry and the convenience of surface parking and garages. Lee Estates Apartments is located in a peaceful residential area, the apartments are ideal for those seeking a calm and quiet living environment. With the city of Mankato, adjacent and less than 90 miles from Minneapolis, North Mankato offers the perfect blend of small-town charm and easy access to big-city conveniences. With a strong track record of high occupancy and solid in-place income, the Lee Estates Apartments offers reliable and predictable returns, making it an attractive investment in a prime location.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

24

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lee Estates Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

52

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

-

APN/PARCEL ID

R-18.011.0500

ASK ABOUT THIS PROPERTY

Heidi AddoMichel Commercial Real EstateMore Info
612-805-5023

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Heidi AddoMichel Commercial Real EstateMore Info
612-805-5023

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