Mitch Rohloff - Coldwell Banker River Valley Realtors
7874 365th Street Way
Cannon Falls, MN 55009

Description

Absentee-owned, 100% occupied, cash-flowing, opportunity great rental market. Located 30 mins south of St Paul and 30 mins north of Rochester, the Cannon Country Apts and Self-Storage is perfectly positioned for tenants working in either location. The property has frontage on US HWY 52. The complex features 11 res rentals, 1 com rental, and 9 storage. The on-site caretaker has a lot of pride and runs the operation well. Lots to see here. No drive-bys. Turn-Key operation! Priced at 12.7% cap.

Details

MLS#5013211
Sub-TypeResale
StatusActive
Year1955
Days On Site12

Features

SQ Feet6,124
Story(s)1
Units21
ZoningBusiness/Commercial

Market Activity 55009

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Area Information

StateMN
CountyGoodhue
CityCannon Falls
Zip Code55009
AreaCannon Falls (MN)
Listing VS Median (in 55009)
Price:
$575,000
low | high
Med:
$267,450
100% of Average
SqFt:
6,124
low | high
Med:
956
100% of Average
$ / SqFt:
$94
low | high
Med:
$71
74.828651991996% of Average
On Site:
12
low | high
Med:
26
46.153846153846% of Average
Listing Updated: 10/23/2018
MLS Number: 5013211
Listing Provided By:
 of  Ferndale Realty