905 E Fifth St - Apartments FOR SALE


Blue Earth, MN 56013
$429,900 USD
651-500-4720
905 E Fifth St, Blue Earth, MN for Sale
$429,900 USD
Apartments - FOR SALE
1/17
null | 8.11% Cap Rate

905 E Fifth St
Blue Earth, MN 56013


OVERVIEW

The Oaks Apartments are located in an "Opportunity Zone." There are eleven units with a mix of two studio, three one bedroom, five two bedroom, and one three bedroom apartments. The units are well maintained with all repair and maintenance issues addressed promptly and professionally. The Oaks Apartments offers a low vacancy and turn over rate. There are some long term tenants. There is plenty of parking for residents and guests with coin operated laundry on site. Low maintenance vinyl and stone exterior with a metal roof. The Oaks runs like a well oiled machine!

FOR SALE DETAILS

PRICE

$429,900 USD

PRICE/SF

$36 USD /SF

# OF UNITS

11

PRICE/UNIT

$39,082

CAP RATE

8.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oaks Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,740 SF

ZONING

233

APN/PARCEL ID

21.200.5860

ASK ABOUT THIS PROPERTY

Kevin GoettlKevin GoettlMore Info
651-500-4720

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Kevin GoettlKevin GoettlMore Info
651-500-4720

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