1955 FIRST AVE N, WINDOM, MN 56101

Affordable housing investment opportunity featuring a thoughtfully converted motel comprised of 37 apartment units across three buildings. Originally constructed in 2000 and extensively renovated in 2020, the property offers modernized interiors with updated kitchens, bathrooms, and durable vinyl plank flooring throughout. The complex includes 10 detached garages, 4 storage lockers, an on-site leasing office, laundry facility, and dedicated mail room, providing residents with convenient amenities and strong operational functionality. This asset benefits from an existing property tax abatement, enhancing cash flow and long-term investment performance. Positioned in a community experiencing a significant housing shortage, the property fulfills an important affordable housing need while offering stable occupancy potential and strong rental demand.