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CITY
Wilmar, MN
UNITS
78
SALES PRICE
$3,650,000
DOWN PAYMENT
$912,500
TERMS
Cash or Submit
Highlights
  • New roofs (2010-2015)
  • Newer Kitchens & bathrooms
  • New windows (2005)

Call Tom Cooper at (952) 465 -3576
Maddy Butler at (952) 465-3572

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Description

Willow Run Apartments is a three-building brick and stone complex in Willmar, Minnesota consisting of 78 units.  The property is well maintained and landscaped with open green space and two large parking lots. Creatively designed floor plans include spacious one-, two- and three-bedroom units.   Each building also has its own laundry facilities. 

 

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, self-cleaning stoves and wood cabinets. Large walk-in closets are available in two- and three-bedroom units.  

Willmar, one of the fastest growing non-metropolitan cities in Minnesota, boasts a consistently strong rental market.  The community is a regional center for West Central Minnesota and 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.   

Please note that this complex is on the RUBS (Ratio Utility Billing System) which uses an allocation formula that divides the property's utility bills among its residents based on square footage, number of occupants, or some other quantitative measure.

Summary
Property Type
3 three-story buildings
Year Built
1974
Units / Rents
24 --1 Bedrooms– 700sq. ft. ($ 520)
36 – 2 Bedrooms – 950 sq. ft. ($ 600)
18 – 3 Bedrooms - 1050 sq. ft. ($ 685)
Heating & Air Conditioning
Gas Fired Hot Water
Wall units
Laundry
6 Washers / 6 Dryers
Assessed Market Value
$
Real Estate Taxes
2016 - $32,866
Parcel Size
2.34 acres
Parking
Ample Parking spaces
Roofs
Great Roof
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405