605 15 St St. Cloud, MN 56301

This exceptional multifamily investment opportunity presents a portfolio of 28 apartment units situated across three buildings in St. Cloud, Minnesota. Constructed between 1987 and 1988, the property is located at 605 15th St S and 1416 6th Ave S, St. Cloud, MN 56301, within Stearns County. The complex offers ample parking with 57 spaces available for residents. The asking price for this well-maintained property is $2,700,000. An attractive feature of this investment is the presence of accretive assumable debt, designed to significantly enhance cash-on-cash returns, projected to exceed 10%. This presents a compelling opportunity for investors seeking strong returns and a stable multifamily asset in a desirable location. The property's established tenancy and the potential for increased cash flow through the assumable debt make this a highly attractive investment prospect. Detailed financial information and property reports are available upon request. This is a rare chance to acquire a well-positioned multifamily property with significant upside potential. Don't miss this chance to add a high-performing asset to your portfolio.