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Apartment Building with Fee Management
For Sale
Contact for pricing
Pending

716 Maple Street, Monticello, MN 55362

Fee management is already in place and may continue under a new ownership structure.

Property SizeContact for details
Days on Market141

Property Features for 716 Maple Street

General Information

Standard status Pending
Property subtype Land
Listing Agency: Coldwell Banker Realty Eden Prairie
Listed By: Mike Wilen · License #20547194
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:11PM

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 Coldwell Banker Realty Eden Prairie

Investment Insights

Based on property information with market context.

This apartment building is offered through a partnership-equity transfer rather than a conventional direct property sale. The existing fee manager may remain after closing if the purchaser elects to continue that arrangement.

The property does not include garages, dishwashers, or provided air-conditioning units. Title restrictions affect the partnership structure through 2029, and the partnership may be substituted as part of the transfer process. An attorney-facilitated option is also described for conveying the property to a majority stakeholder.

Key Highlights

  • 716 Maple Street, Monticello, MN 55362
  • Fee manager is in place and may remain with the property
  • Partnership‑equity transfer structure with title restrictions through 2029

Property Analytics

Current Use

Ridgemont Apartments Apartment Building Master 1 Exteriors ... Hardware & Home Improvement

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods HVAC Service Computer & Electronic Repair Catering Service

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

Location Intelligence

Trade Area within ½ mile

573
Businesses Nearby

Demographics for 55362, MN

20,476
Population
7,589
Households
2.7
Avg Household Size
36
Median Age
26%
College-Educated
91%
High-School Grad
65.3 sq mi
ZIP Area
314
Density / Sq Mi
$92,870
Median Household Income
$48,029
Median Earnings
$1,458
Median Rent
$324,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fee management is already in place and may continue under a new ownership structure.
Where is this apartment building located?
The property is located at 716 Maple Street Monticello, MN.
What are key features of this property?
This property features: 716 Maple Street, Monticello, MN 55362; Fee manager is in place and may remain with the property; Partnership‑equity transfer structure with title restrictions through 2029
More about this property
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