1116 7th Ave S

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1116 7th Ave S

St. Cloud, MN 56301
Asking Price
$360K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Four-unit multifamily apartment building available for sale
  • Priced at three hundred fifty-nine thousand nine hundred dollars
  • Property address located in the 56301 zip code
  • Asset situated within the growing St. Cloud metropolitan market
  • Ideal scale for investors focusing on multi-family residential assets

What's Special

This four-unit multifamily apartment building located at 1116 7th Ave S in St. Cloud, Minnesota, presents a straightforward investment option for those looking to expand their portfolio within this growing regional hub. St. Cloud functions as a significant center for education and healthcare in Central Minnesota, supported by a stable local economy and proximity to major regional transportation corridors. The asset is well-positioned to serve the housing needs of students and professionals who gravitate toward this active submarket. Investors may find the scale of this property suitable for efficient management, whether pursuing a long-term buy-and-hold strategy or considering repositioning efforts. The configuration of the building allows for consistent rental income generation, tapping into the sustained demand for accessible multi-family housing in the area. With its strategic placement, the property provides stable utility to a diverse tenant base while benefiting from the broader economic trends of the St. Cloud metropolitan region.

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NOI
$80,000
Cap Rate
22.23%
DSCR
3.74
Strong
Cash-on-Cash
54.30%
Monthly Payment
$1,780.589
Annual Cash Flow
$58,632.934

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