952-924-4654
1531 7th Ave S, Sartell, MN for Sale
Apartments - FOR SALE
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1531 7th Ave S
Sartell, MN 56377


HIGHLIGHTS

  • Popular Sartell Location
  • Strong Employment Drivers in Immediate Area
  • Attractive Unit Mix and Large Floor Plans
  • Discount to Replacement Cost
  • Attractive Cash Yield Opportunity
  • Advantaged Amenity Package Relative to Comp Set and Unit Count

OVERVIEW

???????Heritage Village is a 138-unit apartment community offering an outsized yield opportunity coupled with compelling basis story in Sartell Minnesota – the premier suburb in the greater St. Cloud, Minnesota area.  Strong employment drivers and excellent school district make this community a top housing choice.  The property has maintained high occupancy and currently sits at 95.7%. Heritage Village consists of two buildings of 69 units.  Each building has its own fitness center, community center, game room, playroom, and covered heated parking for 70 spaces. There is a leasing office in one of the buildings.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

138

CAP RATE

Request Cap Rate

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heritage Village

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2007

PARKING SPACES

232

LAND DETAILS

LAND ACRES

10.46 AC

LAND SF

455,616 SF

ZONING

4 (4A)

APN/PARCEL ID

92.56705.0076

ASK ABOUT THIS PROPERTY

Keith CollinsCBRE, Inc.More Info
952-924-4654

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Keith CollinsCBRE, Inc.More Info
952-924-4654

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