429 Central Ave N | Faribault, MN 55021
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429 Central Ave N
Faribault, MN 55021
Hotel Faribault Apartments · Multifamily Property For Sale
·
35 Units
INVESTMENT HIGHLIGHTS
- Historical High Occupancy
- Immediate Upside Through Increased Storage Occupancy
- Long-Term Commercial Tenant
- Located Within Faribault’s 2040 Dowtown Master Plan
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Microwave
- Heating
- Kitchen
- Oven
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 35 | $850.00 | 500 - 550 |
PROPERTY TAXES
| Parcel Number | 18.31.1.26.179 | Improvements Assessment | $1,136,100 |
| Land Assessment | $107,500 | Total Assessment | $1,243,600 |
PROPERTY TAXES
Parcel Number
18.31.1.26.179
Land Assessment
$107,500
Improvements Assessment
$1,136,100
Total Assessment
$1,243,600
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