518 7Th Ave, Saint Cloud, MN 56301
4,051 SF Specialty Building Offered at $1,050,000 at a 9.95% Cap Rate in Saint Cloud, MN 56301
For Sale
Active
Asking Price $1,050,000
- Property Type
-
Specialty
- Square Feet
- 4,051 SF
- Price / Square Foot
- $259
Listing Contacts
- Property Info
Property Overview
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 Details
- Class
- C
- Year Built/Renovated
- 1890/2006
- Stories
- 3
- Property Subtype
- Residential Income
- Lot Size (sq. ft)
- 14,375 SF
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.
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FAQ
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