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Apartment Cash Flow, Inc. is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Sandy Smith | Kurilla Real Estate, Ltd. is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Sandy Smith | Kurilla Real Estate, Ltd., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Sandy Smith | Kurilla Real Estate, Ltd. is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Sandy Smith | Kurilla Real Estate, Ltd., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Nearby Listings in 10 Miles
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{"ListingKey":"NST7768657","LotSizeArea":"0.23","NST_AgeOfProperty":"58","NST_AgentOwner":"No","InternetAutomatedValuationDisplayYN":"False","InternetConsumerCommentYN":"True","AssociationAmenities":"None","Appliances":"Range,Refrigerator","NST_AssessmentPending":"No","Basement":"Finished,Full","BasementYN":"True","PropertySubType":"Apartment","NST_CeilingHeight":"8-10","City":"Blooming Prairie","PropertyType":"Commercial Sale","NST_ConstructionMaterialsDesc":"Frame","Contingency":"None","Cooling":"Window Unit(s)","CountyOrParish":"Steele","CurrentUse":"Residential","Directions":"From Owatonna, East on Hwy.14, south on Hwy.218 to Blooming Prairie, west/right on Second Street NE to property","InternetAddressDisplayYN":"True","InternetEntireListingDisplayYN":"True","ManagerExpense":"0","ElectricExpense":"3000","FuelExpense":"3000","InsuranceExpense":"4068","MaintenanceExpense":"2500","OtherExpense":"1250","OperatingExpense":"21133","TrashExpense":"1000","WaterSewerExpense":"2409","NST_Expenses":"21133.0000","ConstructionMaterials":"Other,Vinyl Siding","NST_ForeclosureStatus":"No","FoundationArea":"3000","NST_FractionalOwnershipYN":"No","RoadFrontageType":"City Street","NST_Fuel":"Natural Gas","ParkingFeatures":"Gravel","GrossIncome":"52062","AccessibilityFeatures":"None","Heating":"Boiler,Hot Water","OriginalEntryTimestamp":"2025-07-04T19:03:08Z","LandLeaseYN":"False","NST_LastUpdateDate":"2025-07-04","Latitude":"43.868754","NST_LenderOwned":"No","ListAgentKey":"NST38915","ListAgentMlsId":"NST506069385","ListingContractDate":"2025-07-04T05:00:00Z","ListOfficeKey":"NST27376","ListOfficeName":"Apartment Cash Flow, Inc.","ListOfficeMlsId":"NST27376","ListPrice":"385000","LockBoxType":"Combo","Longitude":"-93.053053","LotFeatures":"Some Trees","LotSizeDimensions":"50 x 120","LotSizeUnits":"Acres","ListingId":"NST6750043","SourceSystemName":"RMLS","MapCoordinateSource":"King's Street Atlas","AdditionalParcelsYN":"False","NetOperatingIncome":"28929","NST_OfficeBoard":"SPAAR","NST_OwnerOccupied":"No","ParcelNumber":"141000505","GarageSpaces":"0","NST_ParkingOpen":"5","PhotosCount":"31","PostalCity":"Blooming Prairie","PostalCode":"55917","NST_PotentialShortSale":"No","PublicRemarks":"Blooming Prairie is located in the middle of Owatonna, Austin, and Rochester, MN. This traditionally built 7-unit multi-family apartment complex offers a mix of one and two bedroom units. Constructed in 1967 these apartments are spacious and have eat-in-kitchens, newer windows, and front and back secured entries. Plenty of closets and extra storage in the basement. The roof is being replaced this summer due to hail damage and will be completed before closing. Coin-operated washer and dryer located in the lower level for residents to use. There are five off-street parking spaces in the back lot and the property sits on 0.23 acres. Exterior siding is in great shape and the lawn is well manicured. This asset is very easy to own and manage with 7.5% Cap Rate!","NST_RangeNum":"One Per Unit","NST_RefrigeratorNum":"One Per Unit","NST_RentalLicenseType":"Standard","NST_RentalLicenseYN":"Yes","RoadResponsibility":"Public Maintained Road","Roof":"Age 8 Years or Less,Asphalt,Pitched","Inclusions":"Building,Land,Leases,Rental License","HighSchoolDistrict":"Blooming Prairie","NST_SchoolDistrictNumber":"756","NST_SchoolDistrictPhone":"507-583-4426","Sewer":"City Sewer/Connected","BuildingAreaTotal":"6000","StateOrProvince":"MN","StandardStatus":"Active","Levels":"Two","StreetDirSuffix":"NE","StreetName":"2nd","StreetNumber":"219","StreetNumberNumeric":"219","StreetSuffix":"Street","SubdivisionName":"Original Town","NST_TaxWithAssessments":"3904.0000","TaxYear":"2025","TaxAnnualAmount":"3904","TenantPays":"Cable TV","Topography":"Level","NumberOfUnitsTotal":"7","Utilities":"Electric Common,Heating Common,Hot Water Common","WaterSource":"City 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