331 Fox Lake Ave - Apartments FOR SALE
Sherburn, MN 56171 |
331 Fox Lake Ave
Sherburn, MN 56171
HIGHLIGHTS
- This turnkey investment includes 16 fully occupied apartment units with coin operated laundry facilities.
- Located on the eastern edge of town near Temperance Lake, and within five minutes of Interstate 90, the area’s main commuter corridor.
- Operations are supported by a large pipeline of potential future residents, with 21% of locals currently renting their homes.
- The community includes two buildings, each with 7 two-bedroom apartments, 1 one-bedroom apartment, and 100-gallon electric water heaters.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Village Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
13440
STORIES
2
YEAR BUILT
1975
PARKING SPACES
24
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
382150020
