This Multifamily Property is Off-Market.

3200 Maple Avenue
Slayton, MN 56172 ·

23 Units · Multifamily For Sale

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Maple Tree Estates

Price N/A Cap Rate 11.12%
No. Units 23 Gross Rent Multiplier 4.40
Building Size 22,000 SF No. Stories 2
Property Type Multifamily Year Built 1974
Property Sub-type Garden/Low-Rise Lot Size 76,395 SF
Property Use Type Investment
Listing ID: 17249571 Date Created: 07/18/2011 Last Updated: 01/31/2012

Description

- Twenty-three unit apartment complex in Slayton, Minnesota.
- Unit Mix: Twelve one-bedroom, one bath units
Ten two-bedroom, two bath units
One two-bedroom, one bath unit
- Landlord responsible for all utilities, lawn care and snow removal. Electric in the process of being converted to tenant responsibility.
- Laundry facilities on-site.
- Appliances include range & refrigerator.
- Hot water heat.
- Cut-in wall air conditioning.
- Handicap accessible.
- Off-street parking with approximately 23 spaces.
- Close to downtown, schools, churches, shopping and restaurants.
- Located between two major highways, Slayton is the county seat of Murray County in Minnesota. Marshall, Windom and Worthington are neighbors within a 30 mile radius. Population of Slayton at the 2010 census is 2,153.
- Financial information will be provided to qualified buyers upon request.
- A member of the ownership entity is a Minnesota licensed real estate salesperson.

Neighborhood consists of single and multi-family residential, retail, office, and schools.

Highlights

  • 23 units
  • Landlord responsible for all utilities, lawn care and snow removable
  • Laundry facilities on-site
  • Handicap accessible

Research

3200 Maple Avenue, Slayton, MN 56172 (Murray County)

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