Listing Agency: Michel Commercial Real Estate International

Listed By: Ukee Dozier · License #40993914

Source: Crexi

Added: Sep 17 Changed: Sep 24 Last Checked: Sep 24 at 2:56PM

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Investment Insights

Based on property information with market context.

This 90-unit apartment property is classified as an apartment building and offered for sale. Its unit count defines the property’s scale within the multifamily category.

Key Highlights

• 90 residential units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Bakery Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

90

Residential units

Location Intelligence

Trade Area within ½ mile

1,458

Businesses Nearby

Explore this area Business Placement

Demographics for 56303, MN

27,305

Population

11,760

Households

2.3

Avg Household Size

39

Median Age

29%

College-Educated

93%

High-School Grad

11.0 sq mi

ZIP Area

2,482

Density / Sq Mi

$66,789

Median Household Income

$39,167

Median Earnings

$1,001

Median Rent

$197,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - A multifamily property with a substantial residential unit count.

Where is this apartment building located?

The property is located at 510 EIGHTH AVE N Saint Cloud, MN.

What are key features of this property?

This property features: 90 residential units