Newer 24 Unit Apartment Complex
SOLD!
attach_moneyPrice: $1,750,000
calendar_monthYear built: 2011
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: 7%
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
