500 11th St S | Saint Cloud, MN 56301
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500 11th St S
Saint Cloud, MN 56301
Halenbeck Apartments · Multifamily Property For Sale
·
18 Units
PROPERTY FACTS
| No. Units | 18 | Building Size | 29,643 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1984 |
| Building Class | C | Parking Ratio | 2.86/1,000 SF |
| Lot Size | 0.86 AC | ||
| Zoning | Residential | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.86 AC |
| Building Size | 29,643 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1984 |
| Parking Ratio | 2.86/1,000 SF |
| Zoning | Residential |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
ABOUT 500 11TH ST S , SAINT CLOUD, MN 56301
Located directly across from SCSU Halenbeck Hall. This 18 unit apartment complex has had the same owner for 23 years! It features 17 large - 4 bedroom / 2 bath units, and a 1 bedroom unit. The exterior was completely redone in 2015 with a new roof, siding, and windows. A solid investment opportunity offered at 8.5% cap rate.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $600.00 | 600 |
| 4+2 | 17 | $1,150 | 1,150 |
PROPERTY TAXES
| Parcel Number | 82.44653.0000 | Improvements Assessment | $1,412,000 |
| Land Assessment | $155,000 | Total Assessment | $1,567,000 |
PROPERTY TAXES
Parcel Number
82.44653.0000
Land Assessment
$155,000
Improvements Assessment
$1,412,000
Total Assessment
$1,567,000
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