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CITY
Coon Rapids , MN
UNITS
20
SALES PRICE
$1,320,000
DOWN PAYMENT
$330,000
TERMS
Cash or Submit
Highlights

Call Maddy Butler at (952) 465 -3572

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Description

 

Heather Apartments is a well-constructed building complex consisting of 20 spacious units. The property, built in the early 70’s, also includes 10 underground garage stalls and two off-street parking lots directly adjacent to each building.  The complex is situated on an oversized lot, and includes a picnic and grilling area. New boilers were installed this year in both buildings.

 

Both front & back entries feature glass security doors.  Halls and stairways are nicely carpeted and well lit by attractive ceiling fixtures.  Laundry facilities are conveniently located on the main floor in each building.

                                                                                                                   

All apartments, one-and two-bedrooms, are nicely decorated with neutral-color finishes, large windows and plenty of closet space.  Several units have been updated with laminate flooring.

Kitchens include stainless steel double sinks, electric ranges and ample counter space.  All bathrooms have windows and are appointed with mirrored vanities, tub surrounds and ceramic tile floors.

 

Coon Rapids is a northern suburb of Minneapolis, and is the largest city in Anoka County with many neighborhood and regional parks, municipal golf course, indoor and outdoor ice rinks. As a fully developed city, the current focus of Coon Rapids is on redevelopment and enhancement. This is evident with changes in land use from commercial to residential in sections of the city, upgraded roadways, and a revitalized park system.

 

Summary
Property Type
2 -1 1/2-story buildings
Year Built
1970
Units / Rents
6 – 1 Bedrooms ($690-$725)
14– 2 Bedrooms ($755-$845)
Heating & Air Conditioning
Hot Water Baseboard
Wall units
Laundry
4 Washers / 4 Dryers
Assessed Market Value
$
Real Estate Taxes
2014 - $25,989
Parcel Size
1.5 acres
Parking
10Garages , 2 parking lots
Roofs
Pitched
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405