25-33 14th Ave NE - Apartments FOR SALE


Saint Cloud, MN 56304
$960,000 USD
651-270-1075
25-33 14th Ave NE, Saint Cloud, MN for Sale
$960,000 USD
Apartments - FOR SALE
1/9
null | 6.73% Cap Rate

25-33 14th Ave NE
Saint Cloud, MN 56304


OVERVIEW

EXP Commercial is pleased to announce the exclusive listing of the Rosebrook Apartments, a twelve-unit apartment complex located in St. Cloud, MN. Just north of the Highway 10 and Highway 23 interchange, this property is close to major traffic arteries as well as nearby grocery, restaurants, hotels, and a host of other retail stores. All units have a patio or deck in the private fenced back yard. Recently appraised for list price, this property is listed at $80k per unit. Less than a mile from the Mississippi River and Downtown St. Cloud the convenience of the location and size of the units attract renters to this property. This low-rise building boasts three separate entrances, Ten two-bedroom units, and Two one-bedroom units. Three garage stalls are also available to rent.

FOR SALE DETAILS

PRICE

$960,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

12

PRICE/UNIT

$80,000

CAP RATE

6.73%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rosebrook Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

-

APN/PARCEL ID

17.01379.00,17.01379.01,17.01379.02

ASK ABOUT THIS PROPERTY

Michael AhleseXp CommercialMore Info
651-270-1075

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Michael AhleseXp CommercialMore Info
651-270-1075

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