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16-Unit Apartment Community
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835 DRIFTWOOD DR, Saint Cloud, MN 56303

Three-bedroom apartments include private decks, complemented by controlled entry and shared laundry facilities.

Property Size20,240 SF
Lot Size1.00 Acre
Price / SF$79.05
Days on Market10

Property Features for 835 DRIFTWOOD DR

General Information

Standard status Active
Size 20,240 SF
Total Parking Spaces 32
Lot size 1.00 Acre
Property subtype Multifamily

Additional Details

Asking Price $1,600,000
Highway Access Yes
Multifamily Units 16

Amenities

controlled access
fiber internet
common laundry areas

Building Details

Year Built 1986
Listing Agency: SVN | GC Real Estate
Listed By: Tom Sanquist, CCIM · License #40795096
Source: Crexi
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 24 at 2:41PM

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 SVN | GC Real Estate

Investment Insights

Based on property information with market context.

Built in 1986, this 16-unit apartment property in west St. Cloud contains approximately 20,240 gross square feet on roughly one acre. The unit mix leans toward two- and three-bedroom apartments, with private decks on the three-bedroom units. Residents have controlled access, fiber internet, and three common laundry areas. Parking includes 22 surface spaces and 10 detached garage stalls.

The property is at 835 Driftwood Drive, with access to Highway 15 and Interstate 94. Parks, healthcare, educational facilities, shopping, and major St. Cloud employers are also identified among the nearby destinations.

Key Highlights

  • 16‑unit apartment property built in 1986
  • Approximately 20,240 gross square feet on roughly one acre
  • Unit mix weighted toward two- and three‑bedroom apartments; three‑bedroom units have private decks

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Real Estate Agency Parking Lot & Garage Bakery Auto Parts Store (Bike/Boat/Book/etc) Store

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

16
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Three-bedroom apartments include private decks, complemented by controlled entry and shared laundry facilities.
Where is this apartment building located?
The property is located at 835 DRIFTWOOD DR Saint Cloud, MN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 16‑unit apartment property built in 1986; Approximately 20,240 gross square feet on roughly one acre; Unit mix weighted toward two- and three‑bedroom apartments; three‑bedroom units have private decks
(320) 282-2042 Call to check price and availability
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