157 W 3rd St - Apartments FOR SALE


Winona, MN 55987
$4,800,000 USD
507-450-7867
157 W 3rd St, Winona, MN for Sale
$4,800,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

157 W 3rd St
Winona, MN 55987


HIGHLIGHTS

  • Located in the heart of Winona and within walking distance to restaurants, shopping, entertainment.
  • Many updates have been recently completed in the last couple of years.

OVERVIEW

The historic Kensington is a prime Investment property featuring a vibrant 55 plus community and an active commercial clientele. Currently 48 residential units and 10 commercial units. Located in the heart of Winona and within walking distance to restaurants, shopping, entertainment. Many updates have been recently completed in the last couple of years. Property has been mediculously maintained. Option to buy or lease parcel 320001380 (160 W 4th ST) a large commercial lot with garages and parking with potential for further development.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$86 USD /SF

# OF UNITS

58

PRICE/UNIT

$82,759

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Kensington

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1890

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,862 SF

ZONING

C

APN/PARCEL ID

32.000.1360

ASK ABOUT THIS PROPERTY

Cherie BurkeKeller Williams Premier RealtyMore Info
507-450-7867

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Cherie BurkeKeller Williams Premier RealtyMore Info
507-450-7867

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