16-Unit Multi-Family Investment Opportunity - Twin Valley, MN

16-Unit Multi-Family Investment Opportunity - Twin Valley, MN 
Listing Details (ID# 4981)
Listed Price
$850,000
Listing Location
Twin Valley, MN
County
Norman
Size
1 Parcels
Contact
Jared Nelson, 701.371.2388

 

16-Unit Multi-Family Investment Opportunity

The Normandy Apartments - Twin Valley, MN

PRICE:  $850,000

 

Property Note: Pifer’s Auction and Realty is proud to present this 16-unit multi-family investment opportunity. The Normandy apartments are located in the quiet town of Twin Valley, MN and boast an impressive history of low and no vacancy. This building has been extremely well maintained and it is apparent from the moment you walk in the door. The building consists of 16 units which are accessed through a spacious main corridor and common area. From the corridor, tenants have direct access to the indoor parking garage as well as many other amenities available to all tenants. Amenities include: kitchen, lounge area, library, fitness studio, salon and more! Call today to inquire more about this fantastic investment opportunity.

 

Contact: Jared Nelson at 701.371.2388 or Pifer's Auction & Realty at 877.700.4099 for more information.

 

Investment Highlights:

  • 16 - 2 bedroom apartments 
  • 100% Occupancy 
  • Well established neighborhood
  • Many long term tenants
  • History of low and no vacancy 
  • Well Maintained
  • Attached Tenant Parking
  • Many Interior Amenities including common lounge area, fitness room, salon, library, community kitchen, and more!

 

Property Information:

Built:                              1999                                                    

Style:                             1 Story. Slab on Grade                                        

Total Building Sq. Ft.:  27,102 sq. ft.

Units:                             16 2-Bedroom Units

Heat:                              Hot Water. Gas/Electric Boiler

Air Condiditoning:        Individual Unit 

Water Heater:                Gas

Garage:                          Attached Tenant Parking Garage

Address:                       201 3rd St. NW, Twin Valley, MN 56584

Acres:                           1.47 +/-

Legal:                             BLK:9 DIST:2215 AC 1.47 A PARCEL BEG AT NE COR BLK 9; S 6.84 FT., W 120 FT., S 133.14 FT., W 140.06 FT TO                                                  CENTERLINE OF VACATED ST,

Parcel #:                        328392000

Taxes (2022):                $14,614.00

16-Unit Multi-Family Investment Opportunity - Twin Valley, MN
Acres: 1.47 +/-
Legal: BLK:9 DIST:2215 AC 1.47 A PARCEL BEG AT NE COR BLK 9; S 6.84 FT., W 120 FT., S 133.14 FT., W 140.06 FT TO CENTERLINE OF VACATED ST,
Taxes: 2022
Tax Year: 14,614