Four well-located buildings (just off Hwy 90 and across the street from Riverland Community College) in Austin, Minnesota with 126 units made up of studio, one, and two bedroom units.
Significant value add opportunity by completing renovations and improving the income by achieving market rent for the area.
Strong occupancy improvements over the last two years with current 95% occupancy.
Low risk, in demand unit types, rent prices, and location.
Projected strong Cash on Cash returns with large equity growth during investment hold period.
