For Sale
$6,395,000
2008 8 1/2 St Rochester, MN 55904
Rochester, MN Multifamily Value-Add
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 80-unit multifamily property with 76 currently occupied units across 10 buildings.
- 5.45-acre site comprised of two contiguous parcels, offering potential for 4-5 additional buildings.
- Stable, turnkey investment opportunity with significant upside potential.
- Unit mix includes 75 three-bedroom/two-bathroom units and 5 two-bedroom/two-bathroom units.
- Spacious units averaging 1,100 square feet of finished living space.
- Ample on-site parking with approximately 160 spaces for residents.
Property Details for 2008 8 1/2 St
- Property type
- Mixed-use properties, Apartment buildings
- Square Feet
- 93,600 SF
- Year Built/Renovated
- 1985/2024
- Buildings
- 10
- Stories
- 2
- Lot Size (sq. ft)
- 285,318 SF
- Units
- 80
Location Insight
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Latitude
- 44.0141938
- Longitude
- -92.4346898
Nearby Similar for Sale
FAQs
- What type of property is this?
- Mixed-use property - Rochester, MN Multifamily Value-Add
- Where is the mixed-use property located?
- The property is located at 2008 8 1/2 St Rochester, MN.
- What is the asking price?
- The asking price for this property is $6,395,000.
- What are key features of this property?
- This property features: 80-unit multifamily property with 76 currently occupied units across 10 buildings.; 5.45-acre site comprised of two contiguous parcels, offering potential for 4-5 additional buildings.; Stable, turnkey investment opportunity with significant upside potential.
- How can I contact the broker?
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