Apartment Building

Elk River, MN Apartment Buildings for Sale

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55+ Community Investment Opportunity
Updated: Mar 9
55+ Community Investment Opportunity

11038 183rd Cir NW, Elk River, MN 55330

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11,536 sqft
55+ 1‑Level rental community built in 2020
Investment opportunity with 8 units across 4 twin homes
Each unit has a separate PID for residential property tax rate
Stable and loyal tenant base
Conveniently located on a quiet cul‑de‑sac
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Elk River, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Five-Unit Apartment Building
Remodeled Five-Unit Apartment Building

3407 Lyndale Avenue S, Minneapolis, MN 55408

$899,000
6,543 sqft

Extensively remodeled five-unit building with four two-bedroom units and one three-bedroom unit, all currently leased.

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Multifamily Property in Mounds View
Multifamily Property in Mounds View

7750 Silver Lake Rd, Mounds View, MN 55112

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22,500 sqft 1.33 AC lot

Multifamily property with 23 residences in Mounds View, Minnesota.

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21-Unit Apartment Building For Sale
21-Unit Apartment Building For Sale

3040 Bridge Street Northwest, Saint Francis, MN 55070

Contact for pricing
16,192 sqft

21-unit apartment building with stable income in a growing community.

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Updated 5-Unit Apartment Building
Updated 5-Unit Apartment Building

3311 Fremont Ave N, Minneapolis, MN 55412

$500,000

Turnkey 5+ unit building with updated 1-bedroom units, basement studio flexibility, and tenant surface parking in back.

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Off-Market Properties in Elk River, MN

Consider similar Off-Market properties in Elk River, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Elk River, MN 55330
APARTMENT HOUSE (5+ UNITS)

Elk River, MN 55330

$355,000
Estimated value
2,720 sqft 13.30 AC lot
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Elk River, MN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Elk River, MN on our real estate platform. These investment opportunities span a total of 11,536 square feet of properties for sale.

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Demographics Overview

Population 45K
Population Growth (5Y) +17.8%
Median Household Income $111,481
College Educated 41.4%

Taxes & Financing

Tax Rate (average for all types) 2.48%
Property Tax per SF $52.65 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sherburne County

New Delisted

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