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Sauk Rapids, MN Apartment Buildings for Sale

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12-Unit Apartment Building
Updated: Nov 4, 2024
12-Unit Apartment Building

1317 13th St Cir, Sauk Rapids, MN 56379

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11,316 sqft
12 apartment units: 11 two‑bedroom units and 1 one‑bedroom unit
Approximately 11,316 +/- square feet in a three‑story apartment building
New 30‑year asphalt shingled roof
Capital improvements completed in 2022/2023, including new roof, vinyl siding, and high efficiency water heater
Fully occupied and professionally managed
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sauk Rapids, 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.

Mixed-Use Retail and Loft Building
Mixed-Use Retail and Loft Building

205 3rd St NE, Waite Park, MN 56387

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3,441 sqft

New 8-unit apartment building with street-level retail or office space on a high-visibility corner.

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Stabilized Multifamily Apartment Complex
Stabilized Multifamily Apartment Complex

Saint Cloud, MN 56301

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35,822 sqft

Three well-maintained apartment buildings total 28 units with one- and two-bedroom floor plans and on-site laundry.

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Multifamily Apartment Building
Multifamily Apartment Building

2005 FRONTAGE RD N, Waite Park, MN 56387

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464 sqft

For-sale apartment building offering residential income ownership at a Frontage Road address in Waite Park, Minnesota.

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Turnkey 15-Unit Apartment Building
Turnkey 15-Unit Apartment Building

320 7th Ave S, Saint Cloud, MN 56301

$885,000

Four-level, all 1-bedroom community with on-site laundry and off-street paved parking for convenient tenant living.

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Sauk Rapids, MN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Sauk Rapids, MN on our real estate platform. These investment opportunities span a total of 11,316 square feet of properties for sale.

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Demographics Overview

Population 17K
Population Growth (5Y) +1.7%
Median Household Income $71,964
College Educated 37.8%

Taxes & Financing

Tax Rate (average for all types) 2.30%
Property Tax per SF $23.87 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Benton County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Sauk Rapids fall within the 10,000 to 25,000 square foot range.

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