107 - 111 Dorothy St - Apartments FOR SALE


Fairmont, MN 56031
$300,000 USD
507-820-1710
107 - 111 Dorothy St, Fairmont, MN for Sale
$300,000 USD
Apartments - FOR SALE
1/43
null | Request Cap Rate

107 - 111 Dorothy St
Fairmont, MN 56031


HIGHLIGHTS

  • Property features two spacious buildings
  • Property totals 9 units with 2 to 4 bedrooms each
  • Commercial kitchen, conference room, and office areas available
  • Oversized 2-car maintenance garage
  • Large parking lot and extra green space for future expansions
  • Conveniently located near Highway 15

OVERVIEW

Don’t miss this rare opportunity at an attractive price! Set on 1.6 acres, this property features two spacious buildings totaling 7,166 sq. ft. Housing nine units with 2 to 4 bedrooms each - for a total of 26 bedrooms! Additional highlights include a commercial kitchen, conference room and office areas, an oversized 2-car maintenance garage, a large parking lot, and extra green space for future expansions. Plus, it’s conveniently located near Hwy 15, has many mature trees, and is within walking distance of Hall Lake!

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$42 USD /SF

# OF UNITS

9

PRICE/UNIT

$33,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

232320040,232320050

ASK ABOUT THIS PROPERTY

Tara OnkenEdina RealtyMore Info
507-820-1710

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Tara OnkenEdina RealtyMore Info
507-820-1710

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