Converted Motel Apartment
1955 FIRST AVE N Windom, MN 56101
For Sale
Contact for pricing
Three-building affordable apartment community with 37 units, renovated in 2020, plus garages, lockers, and on-site leasing.
Property Size27,332 SF
Price / SF$153.67
Days on Market71
Property Features for 1955 FIRST AVE N
General Information
- Standard status
- Active
- Size
- 27,332 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2000
Listing Agency:
RE/MAX Results
(651) 500-4720
Listed By:
Kevin Goettl · License #MN 95340
Source:
Crexi
Added: May 15
Changed: Jul 23
Last Checked: Jul 23 at 9:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results
Investment Insights
Based on property information with market context.
This property is a thoughtfully converted motel that now operates as a 37-unit apartment community across three separate buildings. Originally constructed in 2000 and extensively renovated in 2020, the units feature modernized interiors, including updated kitchens, updated bathrooms, and durable vinyl plank flooring throughout.
Additional on-site features support day-to-day operations and resident convenience, including an on-site leasing office, a laundry facility, a dedicated mail room, 10 detached garages, and four storage lockers. The property is located at 1955 First Ave N in Windom, MN, and includes an existing property tax abatement that is intended to support cash flow for a long-term ownership plan.
Additional on-site features support day-to-day operations and resident convenience, including an on-site leasing office, a laundry facility, a dedicated mail room, 10 detached garages, and four storage lockers. The property is located at 1955 First Ave N in Windom, MN, and includes an existing property tax abatement that is intended to support cash flow for a long-term ownership plan.
Key Highlights
- Converted motel into a 3‑building affordable apartment community with 37 apartment units
- Built in 2000 and extensively renovated in 2020, including updated kitchens, bathrooms, and vinyl plank flooring throughout
- On‑site amenities include leasing office, laundry facility, and dedicated mail room
Property Analytics
Location Intelligence
Current Use by Public Records
Guardian Inn Motel ...
Hotel & Motel
Dollar Tree and Family ...
Department Store
FAQs
What type of property is this?
Apartment building - Three-building affordable apartment community with 37 units, renovated in 2020, plus garages, lockers, and on-site leasing.
Where is this apartment building located?
The property is located at 1955 FIRST AVE N Windom, MN.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Converted motel into a 3‑building affordable apartment community with 37 apartment units; Built in 2000 and extensively renovated in 2020, including updated kitchens, bathrooms, and vinyl plank flooring throughout; On‑site amenities include leasing office, laundry facility, and dedicated mail room
