1510-1526 9th Ave S | Saint Cloud, MN 56301
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1510-1526 9th Ave S
Saint Cloud, MN 56301
SOLD! | IVY Apartments | 54 Units · Multifamily Property For Sale · 54 Units
Investment Highlights
- All New 30 Year Asphalt Shingled Roofs in 2023
- Multi Camera Surveillance System In All Buildings
- Excellent 1031 Exchange Replacement
- Many Recent Updates Including Parking Lot Upgrades, Painting All Common Areas – All Buildings, New Intercom Systems (to be completed September)
- 54 Total Units | 53 Spacious 4 Bedroom Units (1,100 +/- SF) & 1 – 2 Bedroom Unit
PROPERTY FACTS
| No. Units | 54 | Building Size | 73,788 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1988/2023 |
| Building Class | C | Parking Ratio | 2.22/1,000 SF |
| Lot Size | 2.81 AC |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 2.81 AC |
| Building Size | 73,788 SF |
| Average Occupancy | 89% |
| No. Stories | 3 |
| Year Built/Renovated | 1988/2023 |
| Parking Ratio | 2.22/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Heating
- Double Vanities
- Refrigerator
- Oven
- Tub/Shower
- Carpet
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Security System
- Smoke Free
- Walking/Biking Trails
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1 | 54 | $1,300 | 1,110 - 1,115 |
PROPERTY TAXES
| Parcel Number | 82.47406.0001 | Improvements Assessment | $3,480,000 |
| Land Assessment | $420,000 | Total Assessment | $3,900,000 |
PROPERTY TAXES
Parcel Number
82.47406.0001
Land Assessment
$420,000
Improvements Assessment
$3,480,000
Total Assessment
$3,900,000
zoning
| Zoning Code | MF (Residential) |
| MF (Residential) |
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