190 Cleveland Ave - Apartments FOR SALE


Green Isle, MN 55338
$960,000 USD
190 Cleveland Ave, Green Isle, MN for Sale
$960,000 USD
Apartments - FOR SALE
1/10
null | 7.23% Cap Rate

190 Cleveland Ave
Green Isle, MN 55338


OVERVIEW

(2) 4-plexes side x side. $7,700 in monthly rental income. There are (2) PID's, this could be purchased via traditional financing with 2 loans. This fully-occupied 8 unit in Green Isle offers a steady income stream with a proven track record. Fully occupied. Each unit is individually metered.

FOR SALE DETAILS

PRICE

$960,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

8

PRICE/UNIT

$120,000

CAP RATE

7.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,311 SF

ZONING

R-2

APN/PARCEL ID

34.0118.000,34.0119.000

ASK ABOUT THIS PROPERTY

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