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Value-Add Apartment Opportunity
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Pending

830 Moore St., Blue Earth, MN 56013

Apartment complex with value-add potential in Blue Earth, Minnesota.

Property Size19,200 SF
Lot Size0.97 Acres
Days on Market104

Property Features for 830 Moore St.

General Information

Standard status Pending
Size 19,200 SF
Class C
Total Parking Spaces 34
Lot size 0.97 Acres
Property subtype Multifamily
Investment Type Value Add

Building Details

Year Built 1979
Year Renovated 2019
Buildings 3
Units 24
Tenancy Multi
Listing Agency: Apartment Cash Flow Inc.
Listed By: Nathan Opatz · License #MN #40329256
Source: Crexi
Added: May 21 Changed: Aug 8 Last Checked: Jul 24 at 2:38PM

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 Apartment Cash Flow Inc.

Investment Insights

Based on property information with market context.

Village Green Apartments presents an opportunity to acquire a value-add property in southern Minnesota, near Iowa. The property features a unit mix of fourteen two-bedroom units and ten one-bedroom units, each with one bathroom. The complex comprises three 8-plex buildings situated on a 0.97-acre corner lot. On-site amenities include coin laundry and newer water heaters. The property also offers ample off-street parking. The property has a total size of 19200 square feet. This property offers potential through raising rents to market rates and improving operating expenses.

Key Highlights

  • Value‑add opportunity with potential for increased value through rent increases and expense management.
  • Favorable unit mix with a combination of two‑bedroom and one‑bedroom apartments.
  • Newer water heaters.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Restaurant Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

304
Businesses Nearby

Demographics for 56013, MN

4,298
Population
2,110
Households
2
Avg Household Size
47
Median Age
27%
College-Educated
93%
High-School Grad
169.2 sq mi
ZIP Area
25
Density / Sq Mi
$64,360
Median Household Income
$37,201
Median Earnings
$926
Median Rent
$160,700
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 - Apartment complex with value-add potential in Blue Earth, Minnesota.
Where is this apartment building located?
The property is located at 830 Moore St. Blue Earth, MN.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Value‑add opportunity with potential for increased value through rent increases and expense management.; Favorable unit mix with a combination of two‑bedroom and one‑bedroom apartments.; Newer water heaters.
(651) 263-3653 Call to check price and availability
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