• Main Photo

3200 Maple Avenue, Unit 2
Slayton, MN 56172

$650,000

73 Total Photos [Click to View All]

Listing Details

  • $650,000
  • MLS# 6825937
  • Type Commercial - Business
  • Status Pending
  • 0.878 acres
    Lot Size
  • 1979
    Year Built
  • Murray Central
    Local Schools

Listed By

Agency Name: RE/MAX Results
Agency Phone: 763-235-7000

Shown By

Agent Name: Tan Tran
Agent Phone: (512) 767-2303
Agency Title: Town & Country Realty

IDX logo

Home Value Estimate


Description

Well-maintained 32-unit one-bedroom senior apartment building featuring common areas, individually metered electric, and an updated boiler system. Property is in solid overall condition with a consistent unit layout and on-site parking. HUD contract in place through 10/31/2026, perfect for future HUD-to-market conversion opportunity upon contract expiration. Offered as a value-add investment opportunity with current financial performance below market, allowing upside through operational improvements, rent optimization, and expense management. Suitable for senior housing operations, affordable housing strategies, or market-rate repositioning...read more

Features

  • Cooling: Wall Unit(s)
  • Heating: Boiler
  • Stories: 3.0
  • Taxes: $1,768
  • Water: City Water/Connected
  • Year Built: 1979

My Home Finder

Sign up for a HomeFinder account and save favorite listings, favorite property searches, and schedule daily email with new listings matching your specified criteria!

create an account now!

Have an account? Login: