3200 S Maple Ave - Apartments FOR SALE


Slayton, MN 56172
$699,900 USD
612-423-1841
3200 S Maple Ave, Slayton, MN for Sale
$699,900 USD
Apartments - FOR SALE
1/40
null | Request Cap Rate

3200 S Maple Ave
Slayton, MN 56172


HIGHLIGHTS

  • Value-add investment with strong cash flow potential! 14 spacious 2-bedroom units and Nine 1-bedroom units. Recently installed new roof.

OVERVIEW

Investment Opportunity: 23-Unit Apartment Building. A prime value-add investment with strong cash flow potential! 14 spacious 2-bedroom units and Nine 1-bedroom units. Recently installed new roof. This property offers an excellent opportunity to enhance cash flow through active management and upgrades, making it ideal for investors seeking steady income and future growth. Value add opportunity with improvements and filled vacancies.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$34 USD /SF

# OF UNITS

23

PRICE/UNIT

$30,430

CAP RATE

Request Cap Rate

% LEASED

56%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southgate Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

Residential-Multi-Family

APN/PARCEL ID

29-015-0220

ASK ABOUT THIS PROPERTY

Dylan MaitlandRe/max ResultsMore Info
612-423-1841

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Dylan MaitlandRe/max ResultsMore Info
612-423-1841

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