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Rosewood Terrace Apartments

Rosewood Terrace Apartments

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Property Details

Price: $ 3,960,000
Property Type Multifamily
Total Lot Size: -
Year Built: 1976
Number of Units: 60
Garages: -
County: Stearns

Description

The Rosewood Terrace Apartments is a 60-unit apartment complex located in St. Cloud, MN in Benton County. Built in 1976, this 2-building property is comprised of: (28) one-bedroom units and (32) two-bedroom units that vary in size and style (some units have been renovated). Each unit has air conditioning, a self-cleaning oven, a refrigerator, a dishwasher, and free WiFi. There are laundry facilities on-site and 36 garages ($35/month for garages with key locks & $50/month for garages with automatic openers). On the garage roof are solar panels that produce enough electricity to provide for all of the common areas in addition to producing additional income. The Rosewood Terrace Apartments offer spacious, economical living and residents enjoy the easy access to major highways, downtown St. Cloud, the Mississippi River, Target, local universities, local businesses, parks, schools, shopping, restaurants, and more.

Location

St. Cloud is the tenth largest city in Minnesota outside of the Minneapolis- St. Paul metropolitan area. Comprised of Stearns, Benton and Sherburne County, the St. Cloud Metropolitan Area, has a population of about 189,093. St. Cloud is home to several higher education institutions, including Minnesota’s third-largest university, St. Cloud State University. Located 65 miles northwest of the Minneapolis-St. Paul area, St. Cloud is accessible along Interstate 94, U.S. Highway 52 and 10, and Minnesota State Highway 15 and 23. Located in the state’s top agricultural region, St. Cloud has a strong agricultural, medical, educational, commercial, and industrial base that includes numerous manufacturing and distribution center type jobs. The largest employers include (1) CentraCare Health Systems, (2) St. Cloud State University, (3) St. Cloud VA Health Care System, and (3) the St. Cloud Area School District.

Highlights

  • Steps from the Mississippi River
  • Near Downtown St. Cloud
  • Close to St. Cloud State University
  • 1 and 2 Bedroom Floor Plans
  • Renovated Units
  • Generous Closet Space
  • Granite Bathroom Vanities
  • New Appliances
  • Dishwashers
  • Refrigerators
  • Self Cleaning Ovens
  • Individually Controlled A/C
  • Free WiFi
  • Heat, Water, Recycling and Trash Included with Residency
  • Tenants Pay Electric
  • Smoke-Free
  • On-Site Laundry Facilities
  • BBQ/Grilling Area
  • 36 Garages ($35- $50/month)
  • Income-Producing Solar Panels on Garage Roofs
  • Secured Entrances
  • Professionally Managed
  • Well-Maintained
  • Near St. Cloud Metro Bus Station
  • 65 Miles from Minneapolis-St. Paul

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