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CITY
Sartell, MN
UNITS
96
SALES PRICE
$4,000,000
DOWN PAYMENT
$800,000
TERMS
Cash or Submit
Highlights
  • Aluminum sliding glass windows (2006)
  • Flat rubber membrane roofs (2000-2007)
  • Professionally managed property
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Description

Hillside Apartments is a 96-unit rental community that is well constructed and maintained.  The complex consists of eight, 2-½-story buildings with solid brick exteriors and decorative block interior walls. 

Each building is equipped with green entrance awnings, and features common area entries and hallways with wrought iron railings, and fully carpeted, well-lit hallways and stairs.  Detached garage buildings contain 90 separate stalls and, combined with substantial off-street spaces, provide ample parking for residents.

Apartment floor plans are wide open and a spacious 975 sq. ft.  With the exception of garden level units, all apartments have balconies and working or faux fireplaces.  Laundry rooms, equipped with two washers and two dryers, are available in each building. 

The complex is situated in a park-like setting with mature trees on 2.5 acres of land across the street from Sartell Middle School.  The town of Sartell is located in Central Minnesota along the banks of the Mississippi River, and is just 15 minutes from St. Cloud.

Summary
Property Type
8 buildings 2-1/2 story
Year Built
1973
Units / Rents
96 - 2 BR - 975 sq. ft. ($596)
Heating & Air Conditioning
Hot Water Baseboard
Laundry
16 washers & dryers (Coinmach)
Assessed Market Value
$
Real Estate Taxes
2010 - $61,905
Parcel Size
9 acres, including 4 excess acres, 2.5 usable acres
Parking
90 garages & ample off street
Roofs
Flat, rubber membrane, newer
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405