314 County Rd 8 - Apartments FOR SALE


Rockville, MN 56369
$999,900 USD
320-420-1295
314 County Rd 8, Rockville, MN for Sale
$999,900 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

314 County Rd 8
Rockville, MN 56369


HIGHLIGHTS

  • Strong rental history with minimal vacancies
  • 6 garage stalls plus blacktop parking lot
  • Quiet setting with park frontage
  • Two 1970 brick buildings

OVERVIEW

Turn-key, 100% occupied 16-unit apartment property generating approximately $140,000 in annual gross income, offering immediate cash flow with built-in upside. Located on the edge of town with a park across the street and surrounded by farmland, yet just minutes from Cold Spring, I-94, and the St. Cloud metro. The property consists of two solid brick buildings with a long history of low vacancies, recent capital improvements, and clear rent growth potential—making this a rare, stable investment opportunity.

FOR SALE DETAILS

PRICE

$999,900 USD

PRICE/SF

$324 USD /SF

# OF UNITS

8

PRICE/UNIT

$124,988

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

1969

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

Residential

APN/PARCEL ID

76.41633.0800

ASK ABOUT THIS PROPERTY

Matt ImdiekeCentral MN Realty LLCMore Info
320-420-1295

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Matt ImdiekeCentral MN Realty LLCMore Info
320-420-1295

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