309 2nd St NW - Apartments FOR SALE


Waseca, MN 56093 | 
$525,000 USD
612-423-1841
309 2nd St NW, Waseca, MN for Sale
$525,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

309 2nd St NW
Waseca, MN 56093


OVERVIEW

Mixed-use investment property in Waseca featuring nine apartments and 16 self-storage units. The apartment mix includes eight one-bedroom units and one efficiency, and all apartments are currently leased. Five storage units are currently leased, offering an opportunity to increase occupancy. The property occupies a corner lot and includes on-street parking. Tenants pay their own heat and electricity. Must call/email for tours dylan@dylanmaitland.com Management company will provide tour. Inquire for financials and more information. All apartments leased. 5 of 16 storage units leased. Sqft of building listed is just of the main level. Unsure true age of building.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$65 USD /SF

# OF UNITS

9

PRICE/UNIT

$58,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,252 SF

ZONING

-

APN/PARCEL ID

17.615.0070

ASK ABOUT THIS PROPERTY

Dylan MaitlandRE/MAX Results Eden PrairieMore Info
612-423-1841

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Dylan MaitlandRE/MAX Results Eden PrairieMore Info
612-423-1841

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