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    Villa Manor Mixed-Use Property
    Updated: Apr 11
    Villa Manor Mixed-Use Property

    115 S Rum River Dr, Princeton, MN 55371

    Contact for pricing
    3 commercial tenants occupy the main floor
    23 residential apartments across the upper and lower levels
    Boilers, front facade, and apartment units updated in the last few years
    Professionally maintained building with old‑world character
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Princeton, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    8-Unit One-Level Apartment Community
    8-Unit One-Level Apartment Community

    11024-11038 183rd Cir NW, Elk River, MN 55330

    $2,400,000
    1,442 sqft

    A 55+ rental community completed in 2020, arranged near shopping and the Hwy 101/169 corridor.

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    55+ Community Investment Opportunity
    55+ Community Investment Opportunity

    11038 183rd Cir NW, Elk River, MN 55330

    Contact for pricing
    11,536 sqft

    Eight-unit, 55+ community built in 2020, great location.

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    Turnkey St. Cloud Apartment Building
    Turnkey St. Cloud Apartment Building

    1226 9th Avenue S, Saint Cloud, MN 56301

    Contact for pricing

    Well-maintained, fully occupied six-unit apartment building near SCSU.

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    14-Unit Apartment Building
    14-Unit Apartment Building

    Saint Cloud, MN 56301

    Contact for pricing

    Fully occupied studio apartment property with shared kitchens and coin-operated laundry near the SCSU campus.

    View details

    Princeton, MN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Princeton, MN on our real estate platform.

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    Demographics Overview

    Population 17K
    Population Growth (5Y) +2.4%
    Median Household Income $89,674
    College Educated 25.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.42%
    Property Tax per SF $39.48 per SF
    Tax Rate vs County Average 0.30 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mille Lacs County

    New Delisted

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