© 2017 by Metro Group Real Estate

WHY HIRE
MGRE
 

Rochester Statistical Area Apartment Portfolio - $4,975,000

CONFIDENTIALITY AGREEMENT

Required to Receive Information Package

This 78-unit, 7 building apartment portfolio is located within approximately 35 miles of Rochester, MN.   The properties were built in the early 1980’s except for one built in 1970. Two of the properties have been completely rehabbed.  All are in good to excellent condition.   Available to close in March of 2019.

 

Investment Highlights:

  • Newer Properties in Good Condition

  • Long Term Residents

  • Low Competition in Rural Locations

  • Stable Investment Returns.

5-Unit Property in Linden Hills near Lake - $1,283,700

Potential Redevelopment Opportunity!

Investment Highlights:

•      100% Occupancy!

•      Good Condition!

•      Great Location: Half Block to Lake

•      Back Alley Connected to the Property!

•      Zoned R4 / Multifamily District

Harrison Neighborhood - 4 Bedroom Duplex - SOLD - $197,400

Investment Highlights:

•      New Roof

•      100% Occupancy

•      Good Condition

•      Rent Growth Opportunity

•      Great Location in Harrison Neighborhood, just west of the North Loop

•      Quick and easy access to the North Loop and Downtown Minneapolis

•      Near State Hwy. 55 and Interstate Hwy. 394

Como - 7 Bedroom Duplex - SOLD - $387,500

University of Minnesota Rental Property in the Como Neighborhood.  

Investment Highlights:

•      Great Rental History

•      100% Occupancy

•      Good Condition

•      Great Location near University of MN

•      Professionally Managed

•      Plenty of Off-Street Parking

5 Bedroom Single Family House - SOLD - $300,000

University of Minnesota Rental House in the Como Neighborhood.  

Investment Highlights:

•      Completely Rehabbed

•      Very Good Condition!

•      Great Location near University of MN!

•      Plenty of Off-Street Parking

•      R2B / Two-family District

Dinkytown - 6 Bedroom Single Family House - SOLD - $450,000

University of Minnesota Rental House in the heart of Dinkytown.  

Investment Highlights:

•      Great Rental History

•      100% Occupancy

•      Good Condition

•      Great Location near University of MN

•      Professionally Managed

•      Zoned R5 / Multifamily District

Dinkytown - 5 Bedroom Single Family House - SOLD - $430,000

GOLDEN VALLEY ROAD APARTMENTS - SOLD - $1,520,000

THOMAS AVENUE APARTMENTS - SOLD - $2,000,000

BIRCHHILL APARTMENTS - SOLD - $950,000

4th Street SE 4-Plex- Dinkytown - SOLD - $504,900

CENTENNIAL APARTMENTS - SOLD - $590,000

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