112 Pleasant St NE - Apartments FOR SALE


Preston, MN 55965
$1,900,000 USD
507-281-1002
112 Pleasant St NE, Preston, MN for Sale
$1,900,000 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate

112 Pleasant St NE
Preston, MN 55965


HIGHLIGHTS

  • Former high school renovated into a unique apartment building.
  • 29 units ranging from 400 sq ft to 1547 sq ft.
  • History of full occupancy - proven rental income.

OVERVIEW

Former high school renovated into a unique apartment building. 29 units ranging from 400 sq ft to 1547 sq ft. New roof for majority of the building. Washer/ Dry hookups available for 27 of the units. History of full occupancy - proven rental income. Walkable location, close to employers and grocery stores.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$22 USD /SF

# OF UNITS

29

PRICE/UNIT

$65,517

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Family For Sale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,192 SF

ZONING

-

APN/PARCEL ID

17.0700.000

ASK ABOUT THIS PROPERTY

Mac HamiltonHamilton Real Estate GroupMore Info
507-281-1002

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Mac HamiltonHamilton Real Estate GroupMore Info
507-281-1002

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