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422 N Cedar Ave
Owatonna, MN 55060
Courtyard Apartments · Multifamily Property For Sale
·
23 Units
PROPERTY FACTS
| No. Units | 23 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 11,336 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1976 |
| Zoning | Central Business | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 11,336 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1976 |
| Zoning | Central Business |
ABOUT 422 N CEDAR AVE , OWATONNA, MN 55060
The Courtyard Apartments was built in 1976. The property consists of 16 one bedroom units and 7 studio units. There are two buildings with a courtyard between the two buildings. There is on-site laundry and vending for the convenience of the tenants. Each unit is also equipped with a sleeve-type air conditioner, as well as it's own forced air furnace and electric baseboard heat, and it's own hot water heater. Owatonna is a community of approximately 25,000 in population located near Interstate 35 and Highways 218 and 14. There are many businesses and industries in Owatonna. The community has experienced moderate growth rate in population over the past 10 years. Owatonna is the county seat for Steele County. It is known as one of the wealthiest cities in the state of Minnesota on a per capita basis. There are more than 500 retail, wholesale and professional firms and more than 40 diversified industrial firms in Owatonna. The Courtyard Apartments are conveniently located in downtown Owatonna, close to shopping, restaurants, post office, library, and much more! Schedule your showing today!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
| Studios | 7 | - | - |
PROPERTY TAXES
| Parcel Number | 17-117-0106 | Improvements Assessment | $937,300 |
| Land Assessment | $154,000 | Total Assessment | $1,091,300 |
PROPERTY TAXES
