Newer 24 Unit Apartment Complex

Price: $2,350,000

Year built: 2011
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This is a newly constructed 24 unit apartment complex overlooking the Des Moines River in Jackson, MN.  Some details are listed.  Call or email for more information.

Number of units: 24

      One bedroom: 3

      Two bedroom: 18

      Three bedroom: 3

Building size:  60 x 142, 8,520 square feet per floor, times 3 floors

Cap Rate: 5.5%

Lot size: 200 x 282

Garages: 12 garage stalls available for rent

TIF:  25 year TIF, started in 2014

Amenities: Elevator, Intercom security system, office, patios and balconies, laundry on each floor, handicap unit, 5 different unit configurations

Very good occupancy rate

Very good location  


Contact: Scott or Don Scott or Don