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Rosebrook Apartments

$960,000

25 14th Avenue Northeast, St. Cloud, MN 56304

Active
Last Updated: 02/07/2025

6.73

Cap Rate

64,574

NOI

Details:
Cap Rate:    6.73%
NOI:    $64,574
Building Size:    11,402 sqft
Lot Area:    0.19 acres
Occupancy:    100%
Class:    C
Units:    12
GRM:    8.68
Year Built:    1945
Price Per Sqft:    $84.20
Price Per Unit:    $80,000
Floors:    2
Parking Spots:    26
Year Last Renovated:    1985
Highlights:
  • 12 units - Ten 2 bed 1 bath, Two 1 bed 1 bath
  • Well located to retail area and downtown St. Cloud
  • On-site laundry
  • All units have patio or deck
Description:

EXP Commercial is pleased to announce the exclusive listing of the Rosebrook Apartments, a twelve-unit apartment complex located in St. Cloud, MN. Just north of the Highway 10 and Highway 23 interchange, this property is close to major traffic arteries as well as nearby grocery, restaurants, hotels, and a host of other retail stores. All units have a patio or deck in the private fenced back yard. Recently appraised for list price, this property is listed at $80k per unit.
Less than a mile from the Mississippi River and Downtown St. Cloud the convenience of the location and size of the units attract renters to this property. This low-rise building boasts three separate entrances, Ten two-bedroom units, and Two one-bedroom units. Three garage stalls are also available to rent.

Map:
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