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201-203 Division St
Gaylord, MN 55334
SOLD | Meadowbrook Apartments · Multifamily Property For Sale · 16 Units
PROPERTY FACTS
| No. Units | 16 | Lot Size | 1.08 AC |
| Property Type | Multifamily | Building Size | 15,252 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1977 |
| Building Class | C | Parking Ratio | 1.57/1,000 SF |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.08 AC |
| Building Size | 15,252 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.57/1,000 SF |
Site Amenities
- Laundry Facilities
About 201-203 Division St , Gaylord, MN 55334
Offering consists of (1) One - Two story apartment building totaling 14,000+/- square feet on 1.08 Acres. Building consists of 16 total Units - 10 – 2 Bedroom Units and 6 – 1 Bedroom Units. Spacious floor plans consisting of kitchen, dining, spacious living room area, and ample closet space. Units are equipped with range/oven, fridge/freezer, and wall AC unit. There are two laundry rooms located on-site. Primary heat source is natural gas boiler system. The city of Gaylord is the county seat for Sibley County and has a county population of 15,000. Local unemployment at a low 3.9%. Additionally, the city has recently announced plans moving forward for a new Osteopathy college opening in 2020 (Meadowbrook is approximately 3 blocks from the college), which is projected to bring significant growth to the community.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $465.00 | 750 |
| 2+1 | 10 | $547.50 | 1,000 |
PROPERTY TAXES
| Parcel Number | 32.0651.000 | Improvements Assessment | $933,685 |
| Land Assessment | $33,275 | Total Assessment | $966,960 |
PROPERTY TAXES
