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29197559
29197558

1935 2nd St SW, Rochester, MN 55902

AH
MN 40439870
North Rock Real Estate
Listed by North Rock Real Estate
$6,500,000
142 days on market
Updated 14 days ago

The Gryff

Details
Property Type Multifamily
Sub Type Apartment Building, Mid-Rise
Square Footage 27,664
Units 26
Cap Rate 4.77%
Occupancy 100%
Class A
Year Built 2019
Lot Size (SqFt) 11,639
Zoning MXT-NOD
Investment Type Core

Multifamily | 4.77% CAP | 26 Units

Marketing description

Introducing an outstanding investment opportunity in the heart of uptown, Rochester, MN. The property at 1935 2nd St SW presents a meticulously maintained 27,664 sf multifamily/mid-rise building, comprising 26 units constructed in 2019. Zoned MXT-nod, this high-demand asset boasts 100% occupancy, offering an immediate and steady return on investment. With modern amenities and a prime location, this property is primed for long-term financial success in a thriving rental market. Don't miss the chance to add this exceptional investment to your portfolio in one of the most sought-after areas for multifamily developments.

Discover the vibrant uptown neighborhood of Rochester, MN, a sought-after location for multifamily/mid-rise investors. The area surrounding the gryff is synonymous with convenience and community. Residents can stroll to local boutiques, trendy eateries, and popular entertainment venues. The proximity to parks and green spaces offers a balance of urban living and outdoor recreation. Adjacent to renowned medical facilities and top employers, the location presents a compelling investment opportunity. With a thriving rental market and strong tenant demand, the gryff is poised as a prime addition to your investment portfolio in this dynamic and desirable locale.

Listing Contacts

AH
MN 40439870
North Rock Real Estate
Listed by North Rock Real Estate

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Additional Information

Name
AJ Hawkins
License
40439870
Brokerage
North Rock Real Estate
Brokerage Phone
(507) 259-6556
Title
Broker | Developer
Brokerage Address
2705 U.S. 14
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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