Newer-Construction 16-Unit
220 SW Maple Ave Elysian, MN 56028
220 SW Maple Ave, Elysian, MN, 56028
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For Sale
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Sixteen fully leased units in four 4-plex buildings built in 2021–2022 with in-unit laundry and private patios/decks.
Property Size17,280 SF
Lot Size2.15 Acres
Price / SF$138.89
Days on Market112
Property Features for 220 SW Maple Ave
General Information
- Standard status
- Active
- Size
- 17,280 SF
- Lot size
- 2.15 Acres
- Property subtype
- Multifamily
Listing agency
Rebecca Thate Real Estate
(507) 381-9920
Listed by
Rebecca Thate · License #MN 20422215
Source
Crexi
Added: Apr 1 Updated: Jul 21 at 1:56PM Checked: Jul 21 at 1:56PM
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Investment Insights
Based on property information with market context.
Offered as a package, this fully stabilized newer-construction multifamily portfolio features four separate 4-plex buildings totaling 16 units. Built in 2021/2022 and sited on 2.15 acres, the property includes a mix of unit layouts: two two-story buildings, one single-level building, and one bi-level building. Each home emphasizes low-maintenance, durable finishes such as LVP flooring, stainless appliances, and spacious kitchens with islands, along with in-unit laundry. Exterior living space is provided via private patios or decks, with separate HVAC systems and ample off-street parking supporting tenant comfort and day-to-day convenience.
The portfolio is located at 220 SW Maple Ave in Elysian, MN (address provided). With all 16 units currently leased and supported by a proven rental history, the property is positioned for immediate operating results. Gross annual income is reported at $243,000, with operating expenses of $61,692, reflecting an efficient expense ratio and in-place cash flow.
The package totals 17,208 finished square feet and includes 36 bedrooms and 20 bathrooms across 16 units. Full financials and a rent roll are available upon request.
The portfolio is located at 220 SW Maple Ave in Elysian, MN (address provided). With all 16 units currently leased and supported by a proven rental history, the property is positioned for immediate operating results. Gross annual income is reported at $243,000, with operating expenses of $61,692, reflecting an efficient expense ratio and in-place cash flow.
The package totals 17,208 finished square feet and includes 36 bedrooms and 20 bathrooms across 16 units. Full financials and a rent roll are available upon request.
Key Highlights
- 16 fully leased units in four 4‑plex buildings, built in 2021–2022, offered as a package
- Gross annual income of $243,000 with operating expenses of $61,692
- 17,208 finished SF total with 36 bedrooms and 20 bathrooms across the 16 units
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Sixteen fully leased units in four 4-plex buildings built in 2021–2022 with in-unit laundry and private patios/decks.
Where is this apartment building located?
The property is located at 220 SW Maple Ave Elysian, MN.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 16 fully leased units in four 4‑plex buildings, built in 2021–2022, offered as a package; Gross annual income of $243,000 with operating expenses of $61,692; 17,208 finished SF total with 36 bedrooms and 20 bathrooms across the 16 units
