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CITY
Le Sueur , MN
UNITS
48
SALES PRICE
$3,300,000
DOWN PAYMENT
$825,000
TERMS
Cash or Submit
Highlights
  • Fire sprinkler system
  • Acoustical soundproofing
  • Controlled access entry
  • Multiple ceiling fans
  • 2 large laundry rooms in each building
  • Irrigation system

Call MBG at (952) 922 -4405

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Description

Greenfield Estates, a 48-unit, newer construction multifamily project built in 2001/2002, resides on more than five acres of land in a quiet residential neighborhood in Le Sueur, Minnesota. 

The attractive 2-story building features a range of spacious one, two, and three-bedroom apartments, with 24 garage stalls and 72 off-street parking spaces. The common areas are finished tastefully with elegant wall scones and neutral décor. The laundry rooms have a large folding table for residence convenience.

The property, which is fully leased, is well designed with open floor plans and extra wide hallways.  All apartments feature balconies or patios, large front entry & walk-in closets, decorative gas fireplaces, and are tastefully appointed throughout including six-panel, colonial style doors, and raised panel oak cabinets.  All units offer kitchen islands/breakfast bars, all white appliances including deluxe ranges with hood, dishwashers, and double stainless steel sinks. Bathrooms are oversized and feature one-piece bath bays cultured marble vanity tops, ceramic flooring, and built-in linen closets.

 Le Sueur is located in Le Sueur County between Mankato and the Twin Cities . It lies along the Minnesota River , just off U.S. Route 169. The community is rich in history and tradition but has maintained a progressive outlook toward change .Over the past 10 years consistent growth has occurred across all sectors in the greater Mankato area, resulting in a robust economy.

Summary
Property Type
2 story, steel siding
Year Built
2001/2002
Units / Rents
10 -- 1 Bedrooms– ($602)                        26 – 2 Bedrooms – ($711)
12 – 3 Bedrooms - ($818)
Heating & Air Conditioning
Forced Air
Central AC
Laundry
8 Washers / 8 Dryers Owned
Assessed Market Value
$2,358,000
Real Estate Taxes
2013 - $47,134 approx. 95% reimbursed by TIF Program
Parcel Size
5.1 acres
Parking
24 Garages & 72 off street spaces
Roofs
Pitched, Shingles
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405