Jacobs Square Apartments is a 16-unit multifamily community at 835 Driftwood Drive in west St. Cloud. Offered at $1,600,000, the 1986-built property contains approximately 20,240 gross square feet on roughly one acre. Its unit mix is weighted toward two- and three-bedroom apartments, with private decks serving the three-bedroom units. Amenities include controlled access, fiber internet, three common laundry areas, 22 surface parking spaces, and 10 detached garage stalls. Existing rents are below current market levels, creating potential upside as leases renew. Additional value-add opportunities include leasing unused resident storage, evaluating more in-unit laundry, enhancing outdoor amenities, and continuing targeted improvements. The property offers convenient access to Highway 15, Interstate 94, parks, healthcare, education, shopping, and major St. Cloud employers. Reach out to the listing agent for additional property information and access to the full property website. 16-unit multifamily community offered at $1,600,000 Approximately 20,240 gross square feet on approximately one acre Unit mix weighted toward larger two- and three-bedroom apartments Existing rents below current market levels 22 surface spaces plus 10 detached garage stalls Three common laundry areas; selected units have in-unit laundry Private decks serving all three-bedroom apartments West St. Cloud location near major employers, healthcare, shopping, and regional routes