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201-203 Division St
Gaylord, MN 55334

SOLD | Meadowbrook Apartments · Residential Property For Sale · 16 Units

PROPERTY FACTS

No. Units 16
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.08 AC
Building Size 15,252 SF
Number of Floors 2
Year Built 1977
Parking Ratio 1.57/1,000 SF

Site Amenities

  • Laundry Facilities

About 201-203 Division St , Gaylord, MN 55334

Offering consists of (1) One - Two story apartment building totaling 14,000+/- square feet on 1.08 Acres. Building consists of 16 total Units - 10 – 2 Bedroom Units and 6 – 1 Bedroom Units. Spacious floor plans consisting of kitchen, dining, spacious living room area, and ample closet space. Units are equipped with range/oven, fridge/freezer, and wall AC unit. There are two laundry rooms located on-site. Primary heat source is natural gas boiler system. The city of Gaylord is the county seat for Sibley County and has a county population of 15,000. Local unemployment at a low 3.9%. Additionally, the city has recently announced plans moving forward for a new Osteopathy college opening in 2020 (Meadowbrook is approximately 3 blocks from the college), which is projected to bring significant growth to the community.

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 6 £465.00 750
2+1 10 £547.50 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32.0651.000
Land Assessment
£18,329
Improvements Assessment
£514,315
Total Assessment
£532,644
  • Listing ID: 14578302

  • Date on Market: 07/12/2018

  • Last Updated:

  • Address: 201-203 Division St, Gaylord, MN 55334

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