Forest View Apartments
Location:Address: 1514 and 1524 15th Avenue SE
Town/Suburb/City: st. cloud
Postal code/ZIP: 56304
Details:Asking Price: $875,000.00
Phone Number: 320-333-2692
This investment consists of two 8 unit buildings located side-by-side in Forest View addition. Property consists of 8 one bedrooms and 8 two-bedrooms. Approximately 50% the units have been recently updated. Rents range from $465-$680 per month with a $570 per month average overall. Recent improvements in the units include kitchen countertops, new vinyl flooring, carpet and paint.
Natural gas hot water radiant heat, water and sewer, refuse and common electric paid by property owner. Tenants pay electricity in units.
Community laundry room in each building.
Financials and rent rolls available upon request.