100% Occupied 8 Unit Apartment Building

SOLD | CBC Orion is pleased to offer for sale Shelly Apartments, conveniently located just off Benton Drive in Sauk Rapids. Close proximity to shopping, restaurants, parks and Mississippi River. Sauk Rapids is a growing community and is included in the Saint Cloud rental market.

Offering consists of 8 apartment units and garage building with 6 stalls. All units have two bedrooms and one bath. Each apartment is equipped with fridge/freezer, range/oven, and wall AC. Well designed floor plans with kitchen & dining, walk in pantry, spacious living room, hallway closet, full bath and two bedrooms.

This well-maintained apartment building consists of brick and siding exterior with shingled roof. New hot water boiler and water heater. All units are separately metered for electric (tenant paid). Coin operated laundry machines on site. Excellent opportunity to own this fully occupied apartment building with excellent rental history. Perfect 1031 exchange replacement.

Special Features: 
  • Convenient location just off Benton Drive
  • Near shopping, restaurants, parks and Mississippi River
  • Fully occupied building with excellent rental history
  • Excellent 1031 Exchange Replacement
315 7th Street S, Sauk Rapids, MN
Parcel #: 
190009800 & 190009900
Land Area: 
Approx. 22,000 SF
Size of Building: 
8,456 SF
# of Units: 
Unit Description: 
All units have two bedrooms and one bath.
Fully Occupied
# of Garages: 
$544,000 | SOLD