Current Investment

Austin, Minnesota Portfolio

126 Units

$7M Purchase Price

20 Investors


About This Location

Investment Details

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.

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