1685 Redding Avenue North

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Address: 1685 Redding Ave N, Windom, MN 56101, USA
Created date: January 24, 2025
Date last updated: February 11, 2025
  • Steel siding with brick accents, prefabricated metal suspended deck systems
  • Ground-floor 9 foot ceilings, extra wide hallways, recessed apartment entryways
  • Full size in unit laundry machines, extra shelving in laundry and bathrooms, walk-in closets
  • Units thoughtfully designed with recessed lighting, open floor plans, kitchen islands, stainless steel appliances

Property Description

Introducing a prime investment opportunity in Windom, MN: a contemporary 56,019 SF multifamily property. With 45 units, this modern mid-rise building, constructed in 2020, features numerous desirable amenities. From controlled/keyless access and elevators for easy navigation to a community room and fitness center, the property is designed for resident comfort and convenience. Additionally, attached and detached garages provide ample parking options, while surveillance cameras ensure added safety and security. Offering scenic views of Cottonwood Lake, this property features one, two, and three-bedroom units, catering to a variety of tenant needs. There is a 90% pay-as-you-go TIF note that runs through 2034.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $6,800,000
No. of Units: 45
Average Occupancy: 6.8
Year Built: 2020
Lot Size: 1.88 Sq ft
Opportunity Zone: No
Price per unit: $151,111
Property Website Click Here
Address: 1685 Redding Avenue North, Windom, MN 56101, USA
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