This property is Off-Market

1305 Birch St
Marshall, MN 56258 ·

24 Units · Multifamily For Sale

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Fairfield Estates

Price N/A Property Use Type Investment
No. Units 24 Cap Rate 10.06%
Building Size 14,946 SF Occupancy 100%
Property Type Multifamily Year Built 1977
Property Sub-type Mid/High-Rise Lot Size 0.49 AC
Listing ID: 103487 Date Created: 08/24/1998 Last Updated: 07/04/2001

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.

Highlights

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

Research

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

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