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Browse More Listings in Multifamily For Sale, Northfield, MN or Minnesota

Multifamily Property For Sale

Commercial/retail in Northfield, MN

700 Highway Three North, Northfield, MN 55057

Price:
$7,500,000
No. Spaces:
41
Price/Space:
$182,926.83
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Additional Sub-types:
Retail (land)
Commercial/ Other (land)
Property Use Type:
Investment
Cap Rate:
0.50%
Year Built:
1965
Lot Size:
8 AC
Find Out More...

Last Verified 11/21/2009 Listing ID 15236911

Highlights

Prime location
Development opportunity

Competitively priced

Description

Prime piece of property located in beautiful Northfield, MN. Located on Highway Three, on edge of city, overlooking the Cannon River, the city itself and fabulous Carleton College. Recent development of condo complex in the near vicinity makes this a very desireable piece. Current use is a trailer park, but can be used for commercial use as well.

Located in beautiful Northfield, MN, only a half hour south from Minneapolis/St. Paul. Located with access to Highway Three, I-35W, Highway 52 and Cedar Avenue, a prime and central location. On the north end of the city, currently expanding.

Financial Summary

Actual
Net Operating Income
$50,000

Map of 700 Highway Three North, Northfield, MN 55057 (Rice County)

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Created 7/12/2007

Additional Information for 700 Highway 3 N, Northfield, MN 55057

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Commercial/retail in Northfield, MN

700 Highway Three North, Northfield, MN, 55057