2387-2467 Pioneer Rd | Fergus Falls, MN 56537
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2387-2467 Pioneer Rd
Fergus Falls, MN 56537
Sunset Ridge Apartments · Multifamily Property For Sale
·
70 Units
INVESTMENT HIGHLIGHTS
- Sunset Ridge demonstrates remarkable performance with over 95% occupancy, reflecting its strong demand and exceptional management.
- Fergus Falls is a vibrant community surrounded by natural beauty with numerous lakes and parks, including the renowned Otter Tail River.
- Fergus Falls is strategically located near major highways such as interstate 94 and U.S. Highway 59.
- The property’s income has continued to grow by over 3+ year-over-year.
- Fergus Falls boasts a robust economy supported by diverse businesses and major employers, including healthcare, manufacturing, and education sectors.
- Providing excellent connectivity for businesses and residents alike.
PROPERTY FACTS
| No. Units | 70 | Lot Size | 9.49 AC |
| Property Type | Multifamily | Building Size | 105,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2015 |
| Building Class | B | Parking Ratio | 1.58/1,000 SF |
| No. Units | 70 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 9.49 AC |
| Building Size | 105,000 SF |
| No. Stories | 3 |
| Year Built | 2015 |
| Parking Ratio | 1.58/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Clubhouse
- Fitness Center
- Playground
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 27 | - | 702 |
| 2+1 | 13 | - | 948 |
| 2+2 | 30 | - | 960 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $7,207,800 | |
| Land Assessment | $610,400 | Total Assessment | $7,818,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$610,400
Improvements Assessment
$7,207,800
Total Assessment
$7,818,200
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