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Property Details

202-216 James Avenue
Mankato, MN 56001

Price: $3,243,880

Listing # 5609192


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Student housing portfolio near Minnesota State University Mankato. Walk, bike, or bus to campus in 5 minutes. City bus stops on site. The walking path at the end of Fairfield goes right to M.S.U. Local owners and great attention to management details! Maintenance, repairs, updates and grounds keeping are all up to speed. The zero vacancy rate is consistent. All leased for the 2020-2021 season. 100% Occupied. Excellent Location. Great Condition!

Basic Features:

Style Apartment
Type Commercial Sale
Zoning Residential-Multi-Family
Year Built 2009
School District Mankato
County Blue Earth
Lot Size 39204
Acreage 0.90 acres
Garage 1 Car
Lot Description Corner Lot,Public Transit (w/in 6 blks)
Number of Units 15
Tax $ / Year $36,690 / 2020
Tax ID
Legal Description

Includes:

Building,Land,Leases,Rental License,

Excludes:

Additional Features
Terrain Type
Roads City Street,Paved Streets,No Outlet/Dead End,Curbs,Sidewa...
Cooling Central Air,Wall Unit(s)
Driveway
Exterior Features Steel Siding,Vinyl Siding,Fiber Board
Foundation 11152.00
Fuel Source Natural Gas,Electric
Handicap Access None
Heating Forced Air,Heat Pump,Boiler
Roof Asphalt,Pitched
Sewer Service City Sewer/Connected
Water Service City Water/Connected
Water Heater
Parking Lot Open,Co...
Exterior Construction
Utilities Heating Separate,Electric Separate,Hot Water Separate
Laundry N

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