PRICE REDUCED | SIXTH AVENUE APARTMENTS |12 UNITS | SAINT CLOUD

CBC Orion Real Estate Advisors are pleased to offer for sale Sixth Avenue Apartments and Fourteenth Street Apartments, conveniently located in Saint Cloud. Convenient location with close proximity to Parks, Schools, and Downtown. Location is approximately 60 miles from the Twin Cities.

Offering consists of (2) – Two story buildings totaling 11,920 +/- square feet on .95 acre site, with Twelve (12) Apartment Units. There is one oversized garage out building with excess land which could be expanded or potential to build additional units. Unit mix consists of (4) - 2-bedroom units and (8) 4-bedroom units. with kitchen, dining, spacious living area, and 1-bathroom layout. Units are nicely equipped with range/oven, fridge/freezer, dishwasher and wall AC unit. Additionally, there are laundry facilities on site.
These well-maintained apartment buildings were substantially renovated in 2018, with improvements consisting of new roof, brand new custom kitchen and bathroom cabinetry, granite countertops, all new appliances, luxury vinyl plank flooring, and much more.

The city of Saint Cloud has a population of 65,000 and the market has over 100,000 people in 5-mile radius. This offering represents an excellent opportunity to acquire well located, very nicely updated apartment buildings. Additionally, these

*** Offered For Sale at $1,050,000 ***

Contact Scott Schmitt, CCIM with CBC Orion Real Estate Advisors for further details on this offering! (320) 267-4576

1310/1320 Bldg. – All 8 units fully renovated in 2018, with improvements consisting of all new upgraded appliance packages, new custom kitchen cabinets, granite countertops, new flooring, new custom bathroom vanities, and much more. Additional building updates include new roof installed in 2018, exterior LED security lights, landscaping around building, and more. Newer windows. Tenant paid electric heat.

519 Building – All 4 units have been updated. Two of the four units have new custom kitchen cabinets and new bathroom vanities.