Blooming Prairie is located in the middle of Owatonna, Austin, and Rochester, MN. This traditionally built 7-unit multi-family apartment complex offers a mix of one and two bedroom units. Constructed in 1967 these apartments are spacious and have eat-in-kitchens, newer windows, and front and back secured entries. Plenty of closets and extra storage in the basement. The roof is being replaced this summer due to hail damage and will be completed before closing. Coin-operated washer and dryer located in the lower level for residents to use. There are five off-street parking spaces in the back lot and the property sits on 0.23 acres. Exterior siding is in great shape and the lawn is well manicured. This asset is very easy to own and manage with 7.5% Cap Rate!
MLS® Number6750043
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1967
Stories
Pets
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Building, Land, Leases, Rental License
