FOR SALE | WILLOW BREEZE LUXURY APARTMENTS | 80 UNITS | SAINT CLOUD

Offering consists of (1) One - Three story building totaling over 105,000 square feet with Eighty (80) Apartment Units, and combination of tuck under and detached garages (69 total garages). Apartment unit mix consists of several different spacious floor plans, ranging from Studios to 2 BR – 2 BA units (1,258 +/- SF). All units feature custom woodwork throughout, private decks/patios, spacious kitchen and dining areas and ample closet space (including walk in closets), and much more. All apartments feature in unit front load washers and dryers, and are nicely equipped with all stainless-steel appliances packages consisting of range/oven, fridge/freezer, dishwasher, microwave, and wall AC unit(s).

Willow Breeze is a like new apartment building (2017 YOC) with an excellent rental history. All units are currently occupied. Building features/amenities including but not limited to; secured key fob entry, multi camera surveillance system, fully sprinkled, elevator, clubhouse/community room, fitness room, large managers office, spacious entry/lobby area, multiple entrances for convenience, storage rooms for tenants, nicely landscaped grounds, composite decks, and much more. Building is heated with high efficiency gas boilers with radiant heat.

The city of Saint Cloud has a population approx. 70,000 and is a MSA of over 200,000. This offering represents an excellent opportunity to acquire this fully occupied newer apartment property in a great location and strong rental market.

Location: 
Saint Cloud, Mn
More details: 

• Newer Building – Excellent Condition (2017 Year of Construction)
• 80 Units | Mix of Studio, 1 BR and 2 BR Units
• Tuck Under & Detached Garages (69 total Garage Stalls)
• Great Location Near Parks/Trails, Mississippi River, Schools, Restaurants, Major Thoroughfares
• 100% Occupied Building
• Excellent 1031 Exchange Opportunity
• Fitness Room & Clubhouse/Community Room
• Large Managers Office
• Elevator
• Fully Sprinklered
• Extra Wide Hallways
• Nicely Landscaped Grounds
• High Efficiency Gas Boilers
• Extra Storage Units Available for Tenants

Address: 
1455 Minnesota BLVD SE
County: 
Sherburne
Zoning: 
R5
Size of Building: 
105,515 SF
Age: 
7 years
# of Units: 
80
Unit Description: 
Studios to 2 BR – 2 BA units (1,258 +/- SF)
Vacancies: 
100% Occupied
Price: 
11,195,000.00
Terms: 
Possible Seller Financing/Terms Available
Property Video: