331 333 Fox Lake Ave. ave - Multi-Family FOR SALE


Sherburn, MN 56171
$880,000 USD
651-500-4720
331 333 Fox Lake Ave. ave, Sherburn, MN for Sale
$880,000 USD
Multi-Family - FOR SALE
1/25
null | 9.44% Cap Rate

331 333 Fox Lake Ave. ave
Sherburn, MN 56171


HIGHLIGHTS

  • Turn key investment
  • Updated
  • 100% occupied

OVERVIEW

The Village Apartments in Sherburn is a fully occupied , well managed, meticulously maintained, stabilized investment opportunity. This sixteen unit complex consists of two buildings. Each building has seven two bedroom apartments and one one bedroom apartment. Both buildings have dual 100 gallon electric water heaters. Each building has a common laundry room with a laundry sink and coin operated washer and dryer.

FOR SALE DETAILS

PRICE

$880,000 USD

PRICE/SF

$65 USD /SF

# OF UNITS

16

PRICE/UNIT

$55,000

CAP RATE

9.44%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

Multi family

APN/PARCEL ID

382150020

ASK ABOUT THIS PROPERTY

Kevin GoettlKevin GoettlMore Info
651-500-4720

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Kevin GoettlKevin GoettlMore Info
651-500-4720

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