12-unit apartment complex in Cloquet, MN that consists of 1 apartment building • Centrally located near the St Louis River • Potential for value-add or stabilized investment opportunity • The current owners have invested over $280,000 in Capex • The roof is in good condition • 100% occupancy • Renovated in 2024, Cloquet Cliffs offers investors the opportunity to invest in a quality asset far below replacement cost • There is a basement that is entirely empty, that could be repurposed for laundry, self-storage, or some other income-producing purpose • Strong occupancy of 99.5% in the Cloquet submarket