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Meeker County Townhome

Meeker County Townhome

800 East 10th St.  /

Property Details

Price: $ 4,960,000
Property Type Multifamily
Total Lot Size: 2.07 Acres
Year Built: -
Number of Units: 76
Garages: -
County: Meeker

Description

The Meeker County Townhome Portfolio is a 76 unit market rate apartment portfolio that was developed by, and is owned and operated by, the Meeker County Economic Development Authority. These single level townhomes are 2 or 3 bedrooms with walk-in closets, living room, dining room, kitchen, washer/dryer hook-ups in laundry area and an attached garage with additional storage area. Buildings have individual heat and central air conditioning units as well as water softeners. Additional garages are available in Litchfield and Watkins locations. Ample off-street parking is available at all properties. Residents enjoy easy access to employment, restaurants, churches lakes, schools & parks.

Location

This portfolio is located entirely in Meeker County. Meeker County has a population of 23,300 and spans 610 miles. Meeker County features expansive farmland, an abundance of lakes, and is home to the state's largest dairy and poultry operations as well. Centrally located in Meeker, Litchfield is the largest city in Meeker County and the county seat. 800 - 837 & 900 - 937 E. 10th St. Litchfield, MN 55355 (32 Units) 415 - 423 Luella St. Watkins, MN 55389 (16 Units) 310 - 380 N. Neptune St. Cosmos, MN 56228 (8 Units) 451 - 457 Erickson Way & 800 - 810 5th Street Dassel, MN 55325 (8 Units) 942 Stearns Ave. Eden Valley, MN 55329 (8 Units) 401 - 403 Asta Ave. & 500 - 502 4th St. South Grove City, MN 56243 (4 Units)

Highlights

Developed, Owned and Operated by the Meeker County Economic Development Authority
Two and Three Bedroom Units
Maintenance Free Exteriors
Attached Garages
Modern Single Story Layouts
In Unit Washer/Dryer Hookups
Forced Air Heat and Central A/C
Heat, Electricity, Water, Sewer and Trash Paid by Resident
Spacious Lots
Additional Garages
Water Softeners
Walk-in Closets
Historical Occupancy Near 100% Annually
Estimated $135K Per Unit Replacement Cost

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