Investment Opportunity in Crookston, MN!
Park Apartments - a 15-unit multifamily complex offering strong occupancy and significant value-add potential.
Currently 93.3% occupied, with rents well below market - providing an excellent opportunity for immediate income growth.$28.9K+ in targeted renovations have been completed across select units in past 24 months. Boiler replaced in 2021. Affordable Units with Upside: Efficiency/studio units with private entrances, and on-site coin laundry, with loads of parking and green space.
Prime Location: Conveniently located near local amenities, including grocery stores and shops, ensuring consistent tenant demand.
Lots of surrounding land for ample value add opportunities.
Contact us today to schedule a private tour and receive full financials.
For sale
Price cut: $50K (8/14)
$475,000
1220 N Front St #PARK, Crookston, MN 56716
1beds
15baths
5,184sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$92/sqft
$-- HOA
What's special
Green spaceOn-site coin laundryLots of surrounding land
- 207 days |
- 104 |
- 3 |
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