Property summary
This exceptional 16-unit apartment building presents a compelling investment opportunity in Rockville, Minnesota. Situated on a 1.3-acre lot at 314 County Road 8, this property enjoys a prime location on the edge of town, offering residents a tranquil setting adjacent to a park and surrounded by farmland. The property's convenient proximity to Cold Spring, Interstate 94, and the larger St. Cloud metropolitan area ensures strong tenant demand. The complex comprises two 1970s brick buildings,… featuring twelve two-bedroom units and four one-bedroom units. Current average rents stand at $775 for two-bedroom units and $650 for one-bedroom units, with market rates significantly higher at approximately $900 and $750 respectively, presenting immediate upside potential. The property boasts a long history of low vacancy rates, further enhancing its investment appeal. Numerous recent upgrades have been implemented, including new architectural shingles, vinyl windows, and interior renovations in approximately half of the units. These updates encompass new flooring, paint, kitchens, appliances, bathrooms, and fixtures, as showcased in the provided photographs. Two new sets of coin-operated washer/dryer units generate additional income streams. The owner covers heating (hot water boiler), water, sewer, garbage, snow removal, and lawn care. Tenants are responsible for electric heat (16 separate meters) and air conditioning (60-amp fuses). Six garage stalls and a blacktop parking lot provide ample parking for residents. The property benefits from professional management, ensuring smooth operations and consistent income generation. With its strong occupancy, attractive location, and significant upside potential, this property represents a rare opportunity for discerning investors. The total square footage is 14,976.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
