Gaylord Homes
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in Gaylord, MN, US
Listing was updated on: 02/21/2021
Property Overview
| Price/Rent PSF | $ 595,000.00 |
| Asset Type | Multifamily |
| Trade Type | Sale |
| SQ. FT. Available | 9216.00 |
| Date Available | 02/12/2021 |
| Additional URL | Link |
| Floors | 1 |
| Additional parameters | Show |
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Description
Location
Three buildings each with four units, located within blocks of the Business Central District in the City of Gaylord. Great neighborhood within walking distance to downtown. Gaylord is a city in Sibley County and it is approximately 65 miles Southwest of Minneapolis-ST. Paul. Gaylord is the county seat.
Sale
This is a great value add opportunity through market rate rents (Three units currently at market rents). Current rents are below market and have not been increased in years. Potential to increase NOI through expense recapture, bill back of trash, water and sewer. Currently, Long term tenants are in place and on a month to month basis. This investment property offers great opportunity for return on your investment.
Location