11024-11038 183rd Circle Nw

Elk River, MN 55330

About this property

55+ 1-Level rental community built in 2020. Hard to find investment opportunity. Community consists of 4 twin homes (8 units). Each unit has a separate PID to provide for residential v.s commercial property tax rate and ease of forming association if owner wanted to sell units individually. Units boast a great floorplan and are well appointed. Very stable and loyal tenant base that have been taking great care of their respective units. Conveniently located on a quiet cul-de-sac and close to local shopping and the Hwy 101/169 corridor.

About this property

55+ 1-Level rental community built in 2020. Hard to find investment opportunity. Community consists of 4 twin homes (8 units). Each unit has a separate PID to provide for residential v.s commercial property tax rate and ease of forming association if owner wanted to sell units individually. Units boast a great floorplan and are well appointed. Very stable and loyal tenant base that have been taking great care of their respective units. Conveniently located on a quiet cul-de-sac and close to local shopping and the Hwy 101/169 corridor.

Features and Additional Information

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$2,400,000 Active
1,442 sqft

Presented By Coldwell Banker Crown Park Rapids

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Get in touch today! Phone: 1-218-732-3381
Brokerage
Acuity Group
1-763-633-3535
Listed By Dustin Heggem
Brokerage: Acuity Group

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