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Nature's Edge Apartments 105 Sunnyslope Rd 88 Unité Immeuble d’appartements 6 086 916 $ CAD (69 169 $ CAD/Unité) Morris, MN 56267
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- 88-UNIT MARKET-RATE ASSET NEAR UNIVERSITY OF MN MORRIS.
RÉSUMÉ DE L'ANNONCE
Nature’s Edge Apartments is a well-maintained, 88-unit multifamily community
located in Morris, Minnesota. Spread across five low-rise apartment buildings and
situated on 6.27 acres, the property offers a strong unit mix and reliable rental
demand—making it an attractive investment opportunity in a stable tertiary market.
Built in 1970 and renovated in 2002, the buildings feature wood-frame construction
with brick and siding exteriors, totaling 57,662 square feet. Including a fitness center,
community room, and on-site office.
The unit mix includes:
(2) 32-unit buildings of 1-bedroom apartments
(2) 8-unit buildings of 2-bedroom apartments
(1) 8-unit building of 3-bedroom apartments
Each apartment building includes landlord-owned laundry rooms, and a total of 125
surface parking spaces, a children’s playground, and wall air conditioning sleeves in
each unit. The property is serviced by Otter Tail Power Company and CenterPoint
Energy Natural Gas, with cable broadband available.
Located at 151 Sunnyslope Road, Nature’s Edge is just blocks from the University of
Minnesota–Morris, offering a consistent tenant base of students, faculty, and local
professionals. Morris is the county seat of Stevens County and serves as a regional
hub for education, healthcare, and agriculture. The property is approximately 150
miles northwest of Minneapolis and 95 miles west of St. Cloud, placing it in a quiet
yet accessible market with limited competing multifamily inventory.
This offering presents an opportunity to acquire a professionally managed asset
with potential operational upside for self-managing investors or experienced local
operators.
located in Morris, Minnesota. Spread across five low-rise apartment buildings and
situated on 6.27 acres, the property offers a strong unit mix and reliable rental
demand—making it an attractive investment opportunity in a stable tertiary market.
Built in 1970 and renovated in 2002, the buildings feature wood-frame construction
with brick and siding exteriors, totaling 57,662 square feet. Including a fitness center,
community room, and on-site office.
The unit mix includes:
(2) 32-unit buildings of 1-bedroom apartments
(2) 8-unit buildings of 2-bedroom apartments
(1) 8-unit building of 3-bedroom apartments
Each apartment building includes landlord-owned laundry rooms, and a total of 125
surface parking spaces, a children’s playground, and wall air conditioning sleeves in
each unit. The property is serviced by Otter Tail Power Company and CenterPoint
Energy Natural Gas, with cable broadband available.
Located at 151 Sunnyslope Road, Nature’s Edge is just blocks from the University of
Minnesota–Morris, offering a consistent tenant base of students, faculty, and local
professionals. Morris is the county seat of Stevens County and serves as a regional
hub for education, healthcare, and agriculture. The property is approximately 150
miles northwest of Minneapolis and 95 miles west of St. Cloud, placing it in a quiet
yet accessible market with limited competing multifamily inventory.
This offering presents an opportunity to acquire a professionally managed asset
with potential operational upside for self-managing investors or experienced local
operators.
FAITS SUR LA PROPRIÉTÉ
| Prix | 6 086 916 $ CAD | Classe d’immeuble | C |
| Prix par unité | 69 169 $ CAD | Taille du lot | 6,27 AC |
| Type de vente | Investissement | Taille du bâtiment | 57 662 pi² |
| Nombre d’unités | 88 | Occupation moyenne | 97% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1970 |
| Style d’appartement | Jardin | Ratio de stationnement | 2,17/1 000 pi² |
| Zonage | RM - Résidence multifamiliale | ||
| Prix | 6 086 916 $ CAD |
| Prix par unité | 69 169 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 88 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 6,27 AC |
| Taille du bâtiment | 57 662 pi² |
| Occupation moyenne | 97% |
| Nombre d’étages | 2 |
| Année de construction | 1970 |
| Ratio de stationnement | 2,17/1 000 pi² |
| Zonage | RM - Résidence multifamiliale |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
- Cuisine avec coin repas
- Cuisine
- Four
- Bain/Douche
COMMODITÉS DU SITE
- Centre de conditionnement physique
- Espace de pique-nique
- Terrain de jeu
- Gestionnaire d'immeuble sur place
- Entretien sur place
- Salle multi-usages
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 64 | - | 462 |
| 2+1 | 16 | - | 618 |
| 3+1 | 8 | - | 920 |
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Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 2 114 670 $ CAD | |
| Évaluation du terrain | 185 093 $ CAD | Évaluation totale | 2 299 764 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
185 093 $ CAD
Évaluation des bâtiments
2 114 670 $ CAD
Évaluation totale
2 299 764 $ CAD
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Nature's Edge Apartments | 105 Sunnyslope Rd
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