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7874 365th Street Way
Cannon Falls, MN 55009
Cannon Country Apartments and Self-Storage · Multifamily Property For Sale · 11 Units
PROPERTY FACTS
| No. Units | 11 | Building Size | 6,200 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low Rise | Year Built/Renovated | 1955/2006 |
| Lot Size | 2.00 AC | Parking Ratio | 3.55/1,000 SF |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Lot Size | 2.00 AC |
| Building Size | 6,200 SF |
| Average Occupancy | 98% |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2006 |
| Parking Ratio | 3.55/1,000 SF |
Unit Amenities
- Air Conditioning
- Fireplace
- Microwave
- Storage Space
- Heating
- Carpet
- Grill
- Smoke Free
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Grill
- On-Site Retail
- Smoke Free
- Storage Space
About 7874 365th Street Way , Cannon Falls, MN 55009
Absentee owned unique opportunity in a rental market in need of more affordable housing. Located 30 mins south of Saint Paul and 30 mins north of Rochester, the Cannon Country Apartments and Self-Storage is perfectly positioned for tenants working in either location. The property has frontage on US Highway 52, the main route between the Capitol City and Rochester (known around the world for the Mayo clinic.) The complex features 11 residential rentals, 1 commercial rental, and 9 self-storage units. The on-site caretaker has a lot of pride in ownership and runs both the apartment and self-storage rentals. This is a turn-key operation. Many improvements including a new roof in 2016, new PTAC units, repaired and seal-coated parking lot, new self-storage units, and more. Owner/Agent.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | $495.00 | 201 - 281 |
| 1+1 | 4 | $637.50 | 344 |
| 2+1 | 1 | $850.00 | 1,008 |
| 3+1 | 1 | $1,340 | 2,364 |
PROPERTY TAXES
| Parcel Number | 37.017.4801 | Improvements Assessment | $381,000 |
| Land Assessment | $97,500 | Total Assessment | $478,500 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial |
| Commercial |
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