FOR SALE | 4 UNIT INVESTMENT OPPORTUNITY |SAINT CLOUD MN
CBC Orion Real Estate Advisors are pleased to offer for sale 519 14th Street South, conveniently located in Saint Cloud. Close proximity to Parks, Schools, Restaurants and Downtown. Location is approximately 60 miles from the Twin Cities.
Offering consists of (1) one garden style low rise apartment building totaling 3,424 square feet, with a total of Four (4) Units. Unit mix consists of all 2-bedroom – 1 bath units. Unit layout consists of kitchen and dining, spacious living area, ample closet space, and 1-bathroom. Each unit is equipped with range/oven, fridge/freezer, and wall AC unit. Additionally, there are coin operated laundry machines on site.
Two of the four units were substantially renovated in 2014, with improvements consisting of new custom kitchen and custom bathroom cabinetry, all new flooring, fixtures, and paint. Additionally, the other units have also been updated with newer flooring, fixtures, paint, etc.
The city of Saint Cloud has a population of over 70,000 and the market has over 105,000 people in 5-mile radius. Rare opportunity to acquire this smaller price point multifamily property in a strong rental market.
*** Offered For Sale at $395,000 ***
Contact Scott Schmitt, CCIM with CBC Orion Real Estate Advisors for further details on this offering (320) 267-4576
• Many Unit Upgrades/Enhancements over the Years
• 4 Total Units | All 2 Bedroom – 1 Bath Units
• New Custom Kitchen & Bathroom Vanities in 2 of the 4 Units
519 Building – All 4 units have been updated. Two of the four units have new custom kitchen cabinets and custom bathroom vanities.