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CITY
Willmar, MN
UNITS
84
SALES PRICE
$3,500,000
DOWN PAYMENT
$875,000
TERMS
Cash or Submit
Highlights
  • Project-based Section 8 rent subsidies
  • New kitchens & bathrooms (2002)
  • New roofs (2002)
  • Hallway closets & large walk-ins
  • All white appliances with vent hoods
  • Laundry facilities on three floors

Call MBG at (952) 922 -4405

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Description

Willow Run Apartments is an affordable two-building complex in Willmar, Minnesota consisting of 84 units half of which are rent subsidized.  Creative apartment floor plans include spacious one-, two- and three-bedrooms, and four handicap accessible units.  The property is well built and landscaped equipped with a swing set and benches for outside activities.

Apartment interiors are spacious and light, and appointed with laminate flooring in entries, kitchens & dining areas.  Kitchens include all white appliances with vent hoods, double-sided stainless sinks, dishwashers, and wood cabinets.  All floor plans include a master bedroom with full bath and walk-in closets.   

Willmar is one of the fastest growing non-metropolitan cities in Minnesota with a consistently strong rental market.  The community, as a regional center for West Central Minnesota, is located 100 miles west of the Twin Cities.  Ridgewater College, Kandi Mall and other popular recreational, shopping and dining establishments are within close proximity.   

Summary
Property Type
2- 2 1/2 story buildings
Year Built
1975/1976
Units / Rents
36 -- 1 Bedroom– 700 sq. ft. ($505)
36 – 2 Bedrooms – 950 sq. ft. ($567)
12 – 3 Bedrooms - 1050 sq. ft. ($650)
Heating & Air Conditioning
Gas fired boiler
Wall units
Laundry
1 Washer / 1 Dryer on each floor
Assessed Market Value
$ N/A
Real Estate Taxes
2013 - $32,108
Parcel Size
N/A acres
Parking

Ample off street

Garage & Shed (Maintenance)

Roofs
Flat Roof
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405