907 Marshall Ave - Apartments FOR SALE


Henning, MN 56551
$299,000 USD
218-385-3562
907 Marshall Ave, Henning, MN for Sale
$299,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

907 Marshall Ave
Henning, MN 56551


OVERVIEW

This property was purchased to be redone into apartments. However, the buyer was approached to rent out each room for $500 for seasonal workers for a local manufacturer. It was rented out for a year and a half. Monthly bills were approximately $4500 per month. It has been vacant since the seasonal workers no longer need the building. There is a sprinkler system that was winterized. I do have a floor plan so please call or text for those details. This would make an amazing apartment or a room rental for a local college.

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$20 USD /SF

# OF UNITS

30

PRICE/UNIT

$9,967

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2.91 AC

LAND SF

126,760 SF

ZONING

C

APN/PARCEL ID

72000220028001

ASK ABOUT THIS PROPERTY

Bonnie DykhoffCentennial RealtyMore Info
218-385-3562

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Bonnie DykhoffCentennial RealtyMore Info
218-385-3562

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