Pill Hill Apartments
Multifamily | 6.93% CAP | 15 Units
Marketing description
Located in Rochester's historic southwest "Pill Hill" neighborhood, 730 5th St SW is a classic apartment building offering timeless character in one of the city's most walkable and supply-constrained submarkets. The property features studio, one-, and two-bedroom units highlighted by hardwood floors, crown molding, large windows, and original architectural details that differentiate it from newer construction. Positioned just steps from Mayo Clinic, St. Mary's Hospital, and downtown Rochester, the property benefits from consistent rental demand driven by one of the strongest healthcare economies in the country.
Rochester's continued population growth and the ongoing Destination Medical Center initiative further reinforce long-term housing stability and upside potential. With its irreplaceable location, historic charm, and durable demand drivers, 730 5th St SW represents a stable multifamily asset in the heart of a growing medical hub.
Investment highlights
-Historic Building with Character Rich Units
-Highly Desirable Location Near Mayo Clinic & St. Mary’s Hospital
-Walking Distance to Downtown Rochester
-Attractive Unit Mix
-Limited Off-Street Parking
-Healthcare Drive Market Growth
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