Sioux Falls Commercial Real Estate

Multi-Family

Quarry Apartments

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217 First Street East
Jasper, MN

Space Available: 8 Units

For Sale: $176,000

Property Description

  • Eight unit apartment building located on the southwest corner of E. 1st Street and S. Hill Avenue in Jasper, MN.
  • Unit mix includes one 1-bedroom, one bath and seven 2-bedroom, one bath units.
  • Debt is assumable.
  • Rental subsidy.
  • Property Management in place.
  • Tenants pay electric.
  • Landlord pays water, sewer and trash.
  • On- site & Off-street parking.
  • Laundry facilities.
  • Jasper is located approximately 37 miles northeast of Sioux Falls. 2009 population is over 500 residents.
  • Financials will be provided to qualified buyers upon request.

Brokers

Jeff Brooks

Broker Associate

Jeff joins NAI Sioux Falls after acquiring experience in the banking, sales and property management fields. Most recently, Jeff worked as a Regional Property Manager for a large property management company located in Sioux Falls, SD.

Tom Ode

Broker Associate

Tom came to NAI Sioux Falls after obtaining 1½ years experience at a competing commercial real estate firm. Tom has been involved in all aspects of the commercial real estate business, and specializes in the buying and selling of industrial properties and business opportunities.