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208 2nd St NW
East Grand Forks, MN 56721
Town Square Apartments · Multifamily Property For Sale
·
81 Units
Investment Highlights
- Exclusive First-Time Sale
- Attractive Unit Mix: 78 one-bedroom and 3 two-bedroom units.
- Diverse Income Opportunities
- 81-Unit High-Demand Building: Large asset ensuring stable cash flow.
- Substantial Value-Add Potential
- Limited Entry in Tight Market | Strong Long-Term Appreciation Potential
Property Facts
| No. Units | 81 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 47,061 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | C | Year Built | 1978 |
| No. Units | 81 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 47,061 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1978 |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Package Service
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 78 | - | 573 |
| 2+1 | 3 | - | 793 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,851,700 | |
| Land Assessment | $115,900 | Total Assessment | $3,967,600 |
Property Taxes
Parcel Numbers
Land Assessment
$115,900
Improvements Assessment
$3,851,700
Total Assessment
$3,967,600
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