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Properties listed in Sartell

$ 5,525,000
The Wedgewood Apartments of Sartell was built in 1985 and originally operated as a Cooperative. In 2005 the property underwent a major remodel including new windows, siding, and roofs, and was converted to condominiums. The Wedgewood Condominium Association was terminated as of December 30, 2014. Since that time the property has thrived as apartments with significant increases in net operating income over each of the past three years. The property is laid out beautifully with four apartment buildings surrounding a very attractive, spacious courtyard including a pool and picnic areas. There is an excellent unit mix of 44 two-bedroom units and 20 one-bedroom units. Tenants enjoy a washer and dryer in their unit and each apartment comes with a tuck-under garage and storage. There are an additional 80 surface parking spaces for the convenience of the tenants and their guests. With continued excellent property management this property is positioned to perform well long into the future! Schedule your showing today!
72,000.00 ft2

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