109 Luverne St Luverne, MN 56156
- Apartment buildings
- 75,000 SF
- 2.22 lot acres
Current Use by Public Records
- City Centre Apartments / Apartment Building
Property Details for 109 Luverne St
- Year built
- 1925
- Lot size
- 2.22 lot acres
- Property size
- 75,000 SF
- Property type
- Apartment buildings
Description
This exceptional 32-unit condominium complex, situated in the heart of Luverne, Minnesota, presents a compelling investment opportunity. Originally a school building, this property has undergone a meticulous transformation into a thriving residential community. The 75,000 square foot building sits on a 2.22-acre lot and offers a diverse range of 1, 2, and 3-bedroom units, catering to a broad spectrum of residents. Residents enjoy convenient access to a full-court gymnasium, perfect for year-round recreation. Community amenities include a spacious outdoor yard ideal for relaxation and gatherings, a dedicated community room for events, and a shared coin-operated laundry facility for added convenience. Elevator access ensures easy movement throughout the building. The property's prime location offers unparalleled convenience, with proximity to a variety of restaurants, shops, businesses, Luverne City Park, and the Rock River. Buyer financing is available, making this an even more attractive proposition. This well-maintained complex represents a rare opportunity to acquire a thriving, established residential property in a desirable location. Don't miss this chance to own a piece of Luverne's vibrant community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Luverne
- County
- Rock
- State
- Minnesota
- Longitude
- -96.2088
- Latitude
- 43.6568
