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Meadowbrook Ct Townhomes 2 biens | Immeuble residentiel | À vendre | 1 348 027 € | Localisations multiples
Certaines informations ont été traduites automatiquement.
RÉSUMÉ ANALYTIQUE
Offered at: $1,575,000 | 9 Units | Fully Occupied
Overview
Nine-unit property made up of two buildings in a strong North Mankato rental area. Each unit is a two-bedroom with in-unit laundry, garage parking, and outdoor space. Property is fully leased, with increasing income and better performance under new management since January 2025.
Unit Mix
- 58-62 Meadowbrook: (4) 2BR/1BA w/ detached garages
- 74-82 Meadowbrook: (5) 2BR/1.5BA w/ attached garages
Property Features
In-unit laundry - Central A/C - Private patios/decks - Garage + driveway parking - Separately metered utilities
Performance
New management took over in January 2025. Rents were low, there were vacancies, and maintenance had been neglected. Since then, repairs have been made, rents have gone up, and the property is now bringing in about $12,000 per month. Expenses are expected to stabilize between 25-30%.
Opportunity
The property is performing well and headed in the right direction. There's still room to raise rents with minor unit upgrades. A buyer gets solid income now and more potential over time.
Overview
Nine-unit property made up of two buildings in a strong North Mankato rental area. Each unit is a two-bedroom with in-unit laundry, garage parking, and outdoor space. Property is fully leased, with increasing income and better performance under new management since January 2025.
Unit Mix
- 58-62 Meadowbrook: (4) 2BR/1BA w/ detached garages
- 74-82 Meadowbrook: (5) 2BR/1.5BA w/ attached garages
Property Features
In-unit laundry - Central A/C - Private patios/decks - Garage + driveway parking - Separately metered utilities
Performance
New management took over in January 2025. Rents were low, there were vacancies, and maintenance had been neglected. Since then, repairs have been made, rents have gone up, and the property is now bringing in about $12,000 per month. Expenses are expected to stabilize between 25-30%.
Opportunity
The property is performing well and headed in the right direction. There's still room to raise rents with minor unit upgrades. A buyer gets solid income now and more potential over time.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 348 027 € | Nb de biens | 1 |
| Prix/m² | 1 935 € / m² | Individuellement en vente | 0 |
| Type de vente | Investissement | Surface totale de l’immeuble | 697 m² |
| Statut | Actif | Surface totale du terrain | 0,1 ha |
| Prix | 1 348 027 € |
| Prix/m² | 1 935 € / m² |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 1 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 697 m² |
| Surface totale du terrain | 0,1 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 74-82 Meadowbrook Ct, North Mankato, MN 56003 | Immeuble residentiel | 697 m² | 1983 | - |
| Immeuble residentiel | 95 m² | 1983 | - |
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