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Oakwood Estates Apartments 910 S Oak St

30 Unit Block of Flats For Sale Cloquet, MN 55720

Investment Highlights

  • Great location, convenient to many area amenities and only 20 minutes to Duluth
  • Well maintained property, with new roof in 2024

Executive Summary

Well maintained 2-story 30 unit apartment building with elevator.

Attachments

INH Oakwood Estates Offering Memorandum 12.09.2024

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Investment Building Class B
No. Units 30 Building Size 38,960 SF
Property Type Residential Average Occupancy 100%
Property Subtype Apartment Number of Floors 2
Apartment Style Low Rise Year Built/Renovated 2009/2024
Sale Type Investment
No. Units 30
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Building Size 38,960 SF
Average Occupancy 100%
Number of Floors 2
Year Built/Renovated 2009/2024

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Refrigerator
  • Range
  • Patio
  • Smoke Free

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 5 £827.55 751
2+1 15 £967.18 966
2+2 4 £1,099 1,150
2+2 2 £1,115 1,426
3+2 4 £905.21 1,154
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PROPERTY TAXES

Parcel Number 06-630-0487 Total Assessment £2,674,054 (2023)
Land Assessment £125,427 (2023) Annual Taxes -£1 (£0.00/sf)
Improvements Assessment £2,548,627 (2023) Tax Year 2025

PROPERTY TAXES

Parcel Number
06-630-0487
Land Assessment
£125,427 (2023)
Improvements Assessment
£2,548,627 (2023)
Total Assessment
£2,674,054 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2025

zoning

Zoning Code R-3
R-3
(320) 252-2000

  • Listing ID: 34145880

  • Date on Market: 10/12/2024

  • Last Updated:

  • Address: 910 S Oak St, Cloquet, MN 55720

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© 2024 CoStar Group

Oakwood Estates Apartments | 910 S Oak St
(320) 252-2000 x

Oakwood Estates Apartments | 910 S Oak St

1/2

James Illies

(320) 252-2000

(320) 252-2000

Ryan Nothnagel

(320) 252-2000

(320) 252-2000

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