801 Sprague st - Apartments FOR SALE


Caledonia, MN 55921
$690,000 USD
507-450-9395
801 Sprague st, Caledonia, MN for Sale
$690,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

801 Sprague st
Caledonia, MN 55921


OVERVIEW

Discover an exceptional investment opportunity with this highly maintained multi-family residential property, perfectly situated in a desirable location. This property features 3 buildings, each housing 2 units, for a total of 6 well-appointed apartments. Each unit offers 2 bedrooms, 1 bath, and storage room and garage space for one vehicle. Invest in a property that combines excellent upkeep, a prime location, and reliable income stream. This investment is a rare find that promises immediate returns and long-term growth. Don't miss the chance to add this gem to your portfolio.

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

6

PRICE/UNIT

$115,000

CAP RATE

Request Cap Rate

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

Multi-family

APN/PARCEL ID

R-21.0717.041,R-21.0717.042,R-21.0717.043

ASK ABOUT THIS PROPERTY

Kelly MeyerKeller Williams RochesterMore Info
507-450-9395

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Kelly MeyerKeller Williams RochesterMore Info
507-450-9395

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