Additional details

Brandon Miskulin

brandon@executivestarrealty.com +1(218) 464-3126

$4,400,000

Est. payment - /mo

6.27 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7139837

Year Built 1970

Annual Tax Amount $6,756

Tax Year 2026

Contingent None

Lot Size 6.270 Acres

Lot Dimensions 540x600

Property Description

Nature's Edge Apartments offers the opportunity to acquire an 88-unit market-rate multifamily community in Morris, Minnesota, approximately two miles from the University of Minnesota Morris. The five-building property is situated on approximately 6.27 acres and was substantially renovated in 2002. The unit mix includes 64 one-bedroom, 16 two-bedroom, and 8 three-bedroom apartments. Property amenities include laundry facilities in each building, a fitness center, community space, playground, green space, and surface parking. Potential value-add opportunities include rental of the office apartment, improvements or alternative use of community space, parking enhancements, potential garage development, and a conceptual land split.

Location

State MN

County Stevens

Zoning Residential-Multi-Family

Rooms

Family Room Community Room, Exercise Room

Interior

Heating Hot Water

Cooling Wall Unit(s)

Inclusions Building, Fixture/Equipment, Land, Leases

Fireplace No

Exterior

Parking Features Detached Garage, Parking Lot

Garage Spaces 2.0

Pool None

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Rubber

Present Use Residential

Building

Story Two

Foundation 28831

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Morris Area

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Listed by Tom Sanquist • Granite City Real Estate

Nearby School & Business

Brandon Miskulin

WI Broker, MN Agent License ID: 58234-90, 40371939

+1(218) 464-3126 | brandon@executivestarrealty.com

151 Sunnyslope RD Morris, MN 56267

Brandon Miskulin

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

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