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Listed price in listed location currency (USD).
$650,000

000

MLS® 6825937

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $1,768
Days Active 2
Approx. Age 1979
MLS® Number 6825937

Property Address: 2-3200 Maple Ave, Slayton, MN, 56172-1482

Average square foot calculated using Size range provided by listing agent.

Description

Well-maintained 32-unit one-bedroom senior apartment building featuring common areas, individually metered electric, and an updated boiler system. Property is in solid overall condition with a consistent unit layout and on-site parking. HUD contract in place through 10/31/2026, perfect for future HUD-to-market conversion opportunity upon contract expiration. Offered as a value-add investment opportunity with current financial performance below market, allowing upside through operational improvements, rent optimization, and expense management. Suitable for senior housing operations, affordable housing strategies, or market-rate repositioning with stable long-term demand. Ideal for value-add investors, , affordable housing operators, and HUD/senior housing specialists.
MLS® Number6825937
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1979
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 11, 2025List Date
$650,000List Price
  • Commute

Commute

Starting Address
Destination Address
3200 Maple Ave, Slayton, MN

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