9 8th Ave NW - Apartments FOR SALE


Kasson, MN 55944
$800,000 USD
507-250-5964
9 8th Ave NW, Kasson, MN for Sale
$800,000 USD
Apartments - FOR SALE
1/29
null | 7.6% Cap Rate

9 8th Ave NW
Kasson, MN 55944


HIGHLIGHTS

  • 20 Minutes to Rochester, MN
  • Dodge County has less than a 1% vacancy rate
  • Recently Renovated

OVERVIEW

8 Unit Apartment Building located just 20 minutes from Rochester, MN. Rochester is home to the world renown Mayo Clinic Hospital which is investing $5.6 Billion and is expected to transform Rochester into a global destination for health and wellness, primarily through the expansion of Mayo Clinic and other private investments. This expansion is expected to double the population of Rochester over the next 15-20 years. This apartment building has seen many recent renovations such as windows, boiler, all plumbing fixtures, LED Lighting throughout, LVP flooring, paint, counter tops and more. Dodge County has less than a 1% vacancy rate across the entire county making this a very strong investment. Call with any questions or to schedule your showing today.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$127 USD /SF

# OF UNITS

8

PRICE/UNIT

$100,000

CAP RATE

7.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

R-3

APN/PARCEL ID

24.127.0130

ASK ABOUT THIS PROPERTY

Ben KallRE/MAX Results Eden PrarieMore Info
507-250-5964

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Ben KallRE/MAX Results Eden PrarieMore Info
507-250-5964

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