Current Use by Public Records
- PrairiE Lofts / Apartment Complex
Property Details for 120 Hatting St
- Year built
- 2022
- Lot size
- 2.53 lot acres
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents two state-of-the-art, energy-efficient apartment buildings located at 120 & 124 W Hatting Street in Luverne, Minnesota. Boasting a combined 54,000 square feet across 54 units (27 units per building), these properties sit on a generous 2.53-acre lot. Completed in 2022, these buildings represent a cutting-edge approach to sustainable living, earning recognition from the Department of Energy as industry leaders in energy efficiency. The design incorporates advanced insulation, triple-glazed windows, and high-efficiency HVAC systems, resulting in significantly reduced energy consumption and operational costs. Each unit is equipped with energy-efficient appliances and fixtures, further enhancing sustainability. The modern architectural design seamlessly integrates into Luverne's landscape, while the ample natural light and ventilation promote a healthy living environment for residents. Well-maintained landscaped green spaces provide attractive communal areas, encouraging resident interaction and outdoor activities. Offered at $8,500,000, this property presents a rare chance to acquire a high-performing, environmentally conscious multi-family investment in a desirable location. The buildings' superior energy efficiency translates to lower operating expenses and increased profitability, making this an attractive proposition for discerning investors seeking a sustainable and financially sound investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Luverne
- County
- Rock
- State
- Minnesota
- Longitude
- -96.2051
- Latitude
- 43.6455
