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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
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

ZONING

Zoning Code MF (Residential)
  • Listing ID: 29359596

  • Date on Market: 8/24/2023

  • Last Updated:

  • Address: 1510-1526 9th Ave S, Saint Cloud, MN 56301