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525 Demers Ave
East Grand Forks, MN 56721
Northern Pacific · Multifamily Property For Sale
·
36 Units

ATTACHMENTS
| summary and NDA |
PROPERTY FACTS
| No. Units | 36 | Building Size | 30,998 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2014 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 1.88 AC |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.88 AC |
| Building Size | 30,998 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2014 |
| Parking Ratio | 1.29/1,000 SF |
AMENITIES
UNIT AMENITIES
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Walk-In Closets
- Island Kitchen
- Trash Compactor
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Renters Insurance Program
- Hearing Impaired Accessible
- Maintenance on site
- Online Services
- Vision Impaired Accessible
- Public Transportation
ABOUT 525 DEMERS AVE , EAST GRAND FORKS, MN 56721
Property consists of approximately 1.88 acre site improved with a three-story apartment building containing a total of 36 residential rental units which is a combination of 1, 2 and 3 bedroom units. The building was constructed in 2014 of wood frame construction, gypcrete floors, steel siding, pitched asphalt roof, maintenance free windows, elevator and concrete parking lot. All of the units have balconies. On-site parking includes 48 exterior surfaced parking spaces and 24 garage units. Additional common amenities include secure main entrances, mail areas. The heating type is electric baseboard and is paid by tenant. One cooling unit is provided in each apartment unit. Domestic hot water, water and sewer utilities are supplied and paid by the property at no additional costs to the residents. The residential apartment units are separately metered and electrical services are tenant responsibility. The interior finish includes wood frame walls covered with drywall that are taped, textured and painted. The cabinets are maple and the floor covering consists of carpet in the bedrooms and vinyl in the kitchens, living rooms and bathrooms Just on the edge of downtown East Grand Forks in a slightly more residential setting yet connected closely to Demers Avenue and the downtown.
PROPERTY TAXES
| Parcel Number | 83.03796.00 | Improvements Assessment | $3,830,400 |
| Land Assessment | $195,400 | Total Assessment | $4,025,800 |
PROPERTY TAXES
Listing ID: 4678546
Date on Market: 10/21/2016
Last Updated:
Address: 525 Demers Ave, East Grand Forks, MN 56721
The Multifamily Property at 525 Demers Ave, East Grand Forks, MN 56721 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
