Great opportunity for investor with this 12 unit apartment complex location near downtown of Cloquet. Victory Apartments are currently 100% occupancy, wait list, and cash flow positive. Recent upgrades on the exterior are wonderful- windows, roof, hot water heater, and siding make this an investors great find with little to no current outdoor maintenance forecasted. One and a two bedroom apartment and a few Efficiencies make up the units, local caretaker in place, and the basement could be transformed into storage for tenants and possible extra revenue.
|Price Reduced||$300,000||$9,000 (2.91%)|
|Price Reduced (from $312,000)||$309,000||$3,000 (0.96%)|
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