1010 6th Avenue South

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1010 6th Avenue South

St Cloud, MN 56301
Asking Price
Contact for price
Cap Rate
7.26%
Asset Type
Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset located at 1010 6th Avenue South
  • Property situated in the city of St. Cloud
  • Investment opportunity featuring a 7.26% cap rate
  • Asset located in a stable central Minnesota market

What's Special

This multifamily asset is situated in St. Cloud, Minnesota, a key economic hub in the central part of the state. The property at 1010 6th Avenue South benefits from its positioning within a growing regional market that serves as a center for education and healthcare employment. Investors often find multifamily properties in this area attractive due to consistent rental demand from a diverse demographic base, including local professionals and students associated with nearby academic institutions. The site offers potential for steady income generation in a city known for its stable housing sector and proximity to major regional transit routes. The surrounding community features essential services and public amenities that support long-term residential viability. Given the asset type and its location, this property presents a straightforward addition to a regional real estate portfolio focused on income-producing residential holdings.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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