151 Sunnyslope Road

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Address: 151 Sunnyslope Road, Morris, Minnesota, US
Created date: February 21, 2024
Date last updated: February 21, 2024
  • Number of Units: 88
  • Designation: Family
  • Section 8: 90% 80 units
  • Contract Number: MN46M000108
  • HAP Expiration: July 31st, 2024
  • Mortgage Program: N/A
  • Limited Divided Amount: Profit Motivated
  • Year Built: 1970
  • REAC Score: 62c

Property Description

88-unit Property with 80-units Section 8, Project Based Low/Moderate Income Housing in Morris, MN. Located near near University of Minnesota-Morris campus. Two 32-unit 1BR buildings; Two 8-unit 2BR Buildings; One 8-unit 3BR Building; One Community Room and Fitness Center located in the 1 BR Buildings; 1 detached garage for storage of owner-owned equipment. HAP Contract was dated August 1, 2014. Current Contract runs through July 31, 2024. Nature's Edge is located approximately 150 miles northwest of Minneapolis; 95 miles west of St. Cloud, Minnesota. The 88-unit property is well maintained and professionally managed. Nature's Edge Morris was built in 1970 and has received several property improvements over the years. The Property has an excellent apartment unit mix consisting of 64 one bedroom units, 16 two bedroom units and 8 three bedroom units. The Tenants benefit from a Community Room/Fitness Room in the one bedroom buildings, a kid's playground area and air conditioning sleeves. in each unit There is an on-site office for Tenant's convenience.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $4,100,000
No. of Units: 88
Year Built: 1970
Lot Size: 6.27 Sq ft
Opportunity Zone: No
Price per unit: $46,591
Property Website Click Here
Address: 151 Sunnyslope Rd, Morris, MN 56267, USA
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