Historical Multifamily Sale Listing - Fairfield Estates

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Fairfield Estates

1305 Birch St, Marshall, MN 56258

N/A

24 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
24
Building Size:
14,946 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Cap Rate:
10.06%
Occupancy:
100%
Year Built:
1977
Lot Size:
0.49 AC
Listing ID
103487
Last Updated
over 1 year ago

Highlights

  • With a forcasted capitalization rate of 10.06%, Fairfield Estates offers investors an attractive yield
  • Currently 100% occupied

Description

Fairfield Estates was completed in 1977 and contains 24 units in one three-story building. Residents enjoy units furnished with a full size range and refrigerator. A laundry facility is located on the premises.

The property is located in Marshall, Minnesota voted one of "The best small towns in America" for both 1993 and 1995, and has a strong diversified economic base. It is also home to Southwest State University.

Map of 1305 Birch St, Marshall, MN 56258 (Lyon County)

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