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CITY
Faribault, MN
UNITS
16
SALES PRICE
$870,000
DOWN PAYMENT
$217,500
TERMS
Cash or Submit
Highlights
  • Vinyl Windows )
  • Tenant paid utilities
  • Wall AC

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(952)465-3572 Maddy Butler                (952)465-3576 Tom Cooper

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Description

Pine Tree Apartments is a 16-unit well-built and maintained building.  This property constructed in 2006, also includes a large off street parking lot.  The grounds are tastefully landscaped and spacious enough to accommodate social gatherings.

 

The apartments are spacious and stylishly appointed featuring neutral décor throughout. Kitchens are equipped with white appliances, stainless steel double sinks, raised panel cabinets, and high-quality laminate countertops. Other marketable features include laundry facilities on each floor, and a water heater in each apartment

Faribault is a growing community of nearly 30,000 residents in Rice County. Faribault is ideally situated on Interstate 35, intersecting two state highways, served by two major railway lines and under an hour to the Minneapolis-St. Paul International Airport

 

Summary
Property Type
1 ttwo-story building
Year Built
2006
Units / Rents
02 -- Efficiency
14 – 1 Bedrooms
Heating & Air Conditioning
Electric
Wall units
Laundry
4 Washers / 8 Dryers leased
Assessed Market Value
Real Estate Taxes
2015 - $9,104
Parcel Size
1.2acres
Parking
Off-street parking
Roofs
Hip
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405