518 7th Ave S | Saint Cloud, MN 56301
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- LoopNet Team
518 7th Ave S
Saint Cloud, MN 56301
Portfolio of Eight Student Rental Apartments · Specialty Property For Sale · 4,051 SF
Investment Highlights
- Rare Opportunity to acquire a full portfolio of student rental buildings, situated within walking distance to the University
- A complete financial overview can be obtained with the completion of a Non-Disclosure Agreement.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 4,051 SF |
| Property Subtype | Residential Income | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1890/2006 |
| Lot Size | 0.33 AC |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 4,051 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1890/2006 |
About 518 7th Ave S , Saint Cloud, MN 56301
90% of the student-tenants are Upper Classmen or Grad Students. Tenants have Wi-Fi connectivity at each building location. The Pre-Leasing of the rental suites for the 2019-2020 Academic Year is 95% completed. Security cameras are in place at all property locations.
PROPERTY TAXES
| Parcel Number | 82.44720.0000 | Improvements Assessment | $149,800 |
| Land Assessment | $40,000 | Total Assessment | $189,800 |
PROPERTY TAXES
Parcel Number
82.44720.0000
Land Assessment
$40,000
Improvements Assessment
$149,800
Total Assessment
$189,800
zoning
| Zoning Code | R3A |
| R3A |
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