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CITY
Hutchinson, MN
UNITS
48
SALES PRICE
$1,536,000
DOWN PAYMENT
$348,000
TERMS
Cash or Submit
Highlights
  • Onsite management office
  • Entry closets & large walk-ins
  • Sliding glass, insulated windows
  • Balconies or patios
  • Newer carpeting (common areas )

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Description

Ridgedale Square Apartments, in Hutchinson, Minnesota, is an attractive, affordable two-building complex consisting of 48 units with garages.  Creative apartment floor plans include spacious one-, two- and three-bedrooms, with one and two baths, and two handicap accessible units.  The property is impeccably maintained, both inside and out, and features a large on-site rental office, separate balconies and well-landscaped grounds with a conveniently located playlot for children.  

Entries in both buildings are intercom controlled, with well lit and carpeted hallways on all floors.  Laundry rooms are well located on the main floors and are equipped with three washers and dryers with coin op card dispensers.  One of the washers in each building is larger and front-loaded for greater capacity. 

Apartment interiors are spacious and light, with 8 foot ceilings, and appointed with laminate wood flooring in entries, kitchens & dining areas.  Kitchens feature breakfast bars—for more counter and eating space, and are equipped with neutral colored appliances with vent hoods, double-sided stainless sinks, and wood cabinets with laminate doors.  Three-bedroom floor plans include a master bedroom with full bath and walk-in closets.  

Hutchinson, with its small town atmosphere and growing business economy, is centrally located in the state and considered a “bedroom community” to the Minneapolis-St. Paul metro area.  Two of the largest employers—3 M Corp. and Hutchinson Technologies—employ close to 4,000 residents.  Hutchinson is the largest city in McLeod County with a population of more than 14,000.

Summary
Property Type
2 1/2 -story brick & steel siding
Year Built
1994
Units / Rents
2 - 1BR - ($500)
34 - 2BR - ($580)
12 - 3BR - ($695)
Heating & Air Conditioning
Gas fired hot water
Wall units
Laundry
3 Washers / 3 Dryers in each building
Assessed Market Value
$ 1,684,000
Real Estate Taxes
2010 - $22,764
Parcel Size
acres
Parking
24 Garage stalls + ample parking spaces
Roofs
Pitched-shingled
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405