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518 7th Ave S
Saint Cloud, MN 56301
Portfolio of Eight Student Rental Apartments · Specialty Property For Sale
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4,051 SF
Investment Highlights
- Rare Opportunity to acquire a full portfolio of student rental buildings, situated within walking distance to the University
- A complete financial overview can be obtained with the completion of a Non-Disclosure Agreement.
Property Facts
| Property Type | Specialty | Building Size | 4,051 SF |
| Property Subtype | Residential Income | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1890/2006 |
| Lot Size | 0.33 AC | ||
| Zoning | R3A | ||
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 4,051 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1890/2006 |
| Zoning | R3A |
About 518 7TH AVE S , SAINT CLOUD, MN 56301
90% of the student-tenants are Upper Classmen or Grad Students. Tenants have Wi-Fi connectivity at each building location. The Pre-Leasing of the rental suites for the 2019-2020 Academic Year is 95% completed. Security cameras are in place at all property locations.
Property Taxes
| Parcel Number | 82.44720.0000 | Improvements Assessment | $168,800 |
| Land Assessment | $40,000 | Total Assessment | $208,800 |
Property Taxes
Parcel Number
82.44720.0000
Land Assessment
$40,000
Improvements Assessment
$168,800
Total Assessment
$208,800
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