City Side Estates
For Sale
Contact for pricing
600 Burton Lane, Fairmont, MN 56031
36-unit apartment complex in Fairmont, MN, with 19 garages.
Property Size36,840 SF
Price / SF$76
Days on Market150
Property Features for 600 Burton Lane
General Information
Standard status
Active
Size
36,840 SF
Total Parking Spaces
59
Property subtype
Multifamily
Zoning
205 (NON-HSTD)
Investment Type
Stabilized
Building Details
Year Built
1979
Buildings
1
Stories
3
Units
36
Tenancy
Multi
Listing Agency:
RE/MAX Results
Listed By:
Kevin Goettl · License #MN 95340
(651) 500-4720
Source:
Crexi
Added: May 20
Changed: Oct 8
Last Checked: Oct 16 at 6:56AM
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
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Investment Insights
Based on property information with market context.
City Side Estates is an apartment complex featuring 36 apartments and 19 garages. The property is located in the southeast corner of Fairmont, Minnesota, offering convenient access to groceries, retail establishments, banks, gas stations, convenience stores, fast food restaurants, and coffee shops. Fairmont Junior/Senior High School and Mayo Health Systems are situated approximately 1.2 miles from the complex. The building features Chicago brick and vinyl siding, complemented by a mansard roof. The unit mix comprises 34 two-bedroom apartments and 2 one-bedroom apartments. The property size is 36840 square feet.
Key Highlights
- 36 apartments and 19 garages offer significant rental income potential
- Prime location in the Southeast Corner of Fairmont, close to essential amenities
- Proximity to Fairmont Junior/Senior High School and Mayo Health Systems
Property Analytics
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Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
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Business Placement
Demographics for 56031, MN
12,117
Population
5,771
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
95%
High-School Grad
156.3 sq mi
ZIP Area
78
Density / Sq Mi
$61,373
Median Household Income
$43,168
Median Earnings
$719
Median Rent
$175,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - 36-unit apartment complex in Fairmont, MN, with 19 garages.
Where is this apartment building located?
The property is located at 600 Burton Lane Fairmont, MN.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 36 apartments and 19 garages offer significant rental income potential; Prime location in the Southeast Corner of Fairmont, close to essential amenities; Proximity to Fairmont Junior/Senior High School and Mayo Health Systems
