190 Country Club Road SW

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Address: 190 Country Club Rd, Melrose, MN 56352, USA

Chicago & Midwest + Apartment Buildings

Created date: September 23, 2026

Date last updated: September 23, 2026

Price: $1,050,000Investment Analyzer NEW!

100% occupied multifamily investment
Professionally managed 12-unit property
Attractive mix of 10 two-bedroom, two-bath units
Includes 2 one-bedroom, one-bath plus den units
Each apartment includes an attached garage
Additional income from on-site coin-operated laundry
Tenant-paid electric, including hot water
Owner pays cold water, sewer and refuse
New roofing and siding completed in 2025
24,840 SF building with two stories
Built in 1995
Zoned Residential-Multi-Family

Property Description

Excellent opportunity to acquire a 100% occupied, professionally managed, 12-unit multi-family property at Country Club Estates in Melrose. The property features an attractive unit mix of 10 - two bedroom, two bath units and 2 - one bedroom, one bath plus den units. Each apartment includes an attached garage as part of the monthly rent, providing a desirable tenant amenity. Tenants are responsible for electric, including hot water, while the landlord pays cold water, sewer and refuse. Additional income is generated through on-site coin operated laundry. Significant recent capital improvements include new roofing and siding completed in 2025. Conveniently located near I-94 in the town of Melrose, approximately 30 minutes from both the St. Cloud metro and Alexandria Lakes Area, providing convenient access to two of Central Minnesota's key regional markets. This fully occupied, professionally managed multi-family investment offers a strong unit mix, tenant- paid utilities, attached garages, additional laundry income, and substantial recent exterior improvements. This building is located just a couple blocks from Meadowlark Country Club & Golf Course.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$1,050,000
No. of Units:	12
Year Built:	1995
Lot Size:	0.86 Acres
Opportunity Zone:	No
Price per unit:	$87,500
Property Website	Click Here

Address: 190 Country Club Road SW, Melrose, MN 56352, USA

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Step 4Final Deal Analysis

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