Oakview Drive Multi-Family For Sale
Saint Charles, MN

$4,500,000 USD

Multifamily For Sale • 33,900 SF

5 Properties View all

Property Details

Property Type Multifamily
Cap Rate 7.63 %

0 Transit Score

47 Walk Score

                
                    Highlights
                
                                Located between Rochester, MN and Winona MN 
                            
                                Strong Historical Occupancy 10% increase in rents in 2025 tracking 100% renewal by October 2025 
                            
                                7.63% Cap Rate before 10% increase in rents
                            
                                9.36% GRM
                            
                                $195,000 plus in capital improvements in 2024/2025
                            
                                1224 Oakview added to portfolio in May 2024 35%-50% rent increase in 2025 to $1100/month