• Main Photo

314 County Road 8
Rockville, MN 56369

$999,000

28 Total Photos [Click to View All]

Listing Details

  • $999,000
  • MLS# 7152572
  • Type Commercial - Business
  • Status Active
  • 14,976
    Square Feet
  • 1.300 acres
    Lot Size
  • 1969
    Year Built
  • Rocori
    Local Schools

Listed By

Agency Name: Central MN Realty LLC
Agency Phone: 320-363-4363

Shown By

Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333

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Home Value Estimate


Description

100% Occupied 16 Unit Apartment Building With Immediate Cash Flow Generating $140,000 in annual gross income, County Assessed Value at 1,036,100.00 on the edge of town surrounded by farm fields, park across the street, and long history of low vacancies only minutes from Cold Spring, I-94 and the large St. Cloud Metro. Only a few vacancies in the past 6 years and immediately filled. Two 1970 brick buildings consisting of 12 - Two Bedroom units averaging $775 in rent with market rents being around $900 and 4 - One Bedroom units averaging $650 in rent with market rents being around $750 per unit. Many recent updates including architectural...read more

Features

  • Cooling: Wall Unit(s)
  • Heating: Boiler, Hot Water
  • Stories: 2.0
  • Taxes: $13,764
  • Water: City Water/Connected
  • Year Built: 1969

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