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🏢 Just listed — Residential Land for sale in Sartell, MN.

📍 850 Roberts Road, Sartell, MN
🏷  Residential Land · For Sale
💰 $1.60M

850 Roberts Road, Sartell, MN 56377

<ul><li>7.06-acre parcel ready for immediate development</li><li>Approved for a 127-unit apartment complex</li><li>Site Plan Approved</li><li>Prime opportunity in a growing community</li><li>Zoning: Residential-Multi-Family</li><li>Utili

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#Sartell #Land #CommercialRealEstate #CRE #Investment

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Home/MN/Sartell

850 Roberts Road

Sartell, MN 56377

Asking Price

$1.60M

Asset Type

Residential Land

Class

Class B

What's Special

850 Roberts Road, Sartell, MN 56377 <ul><li>7.06-acre parcel ready for immediate development</li><li>Approved for a 127-unit apartment complex</li><li>Site Plan Approved</li><li>Prime opportunity in a growing community</li><li>Zoning: Residential-Multi-Family</li><li>Utilities connected: Electricity, Natural Gas, Water, Sewer</li><li>Level topography</li><li>Public road frontage on paved road</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

5.00%

DSCR

0.84

Underwater

Cash-on-Cash

-3.12%

Monthly Payment

$7,915.927

Annual Cash Flow

$-14,991.124

Location & Travel Times

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📍

$1.17

Class B | Commercial

100 Sartell St W, Sartell, MN 56377

Listed by Owner · For Sale