1500 9th Avenue S, Saint Cloud, MN 56301

Overview

Description

IVY Apartments in Saint Cloud is a great location with close proximity to downtown, parks, schools, and easy access to Interstate 94 and other major thoroughfares. Offering consists of (3) Three - 3 story apartment building totaling approx. 70,000 square feet with Fifty-Four (54) Apartment Units, and 1 Garage/Maintenance Building. Attractive brick and vinyl siding exterior with new 30-year asphalt shingled roofs. The buildings consist of 53 - 4 Bedroom Units and 1 – 2 Bedroom Unit. Unit layout consists of kitchen and dining areas, spacious living area, large closet, dual sink vanities and 1-1.5 bathrooms. Units are nicely equipped with range/oven, fridge/freezer, and dishwashers. Additionally, there are laundry facilities on each floor. These nicely updated apartment buildings have received significant capital improvements in 2023 (approx. $300K invested) consisting of new roofs (all buildings), parking lot upgrades, new intercom systems, and all new common area painting in progres ... (Read more)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 164
Owner Occupied: No
Year Built: 1988
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Size SqFt: 122403.6
Foundation Size: 23064
For Sale or Lease: For Sale
Acres: 2.81
Lot Dimensions: 457x248
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Commercial Exterior: Brick/Stone; Vinyl Financing Terms: Conventional Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Separate; Heating Common; Hot Water Common Parking Characteristics: Parking Lot Rental License Type: Standard Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

Allow Auto Valuation: No
Allow Consumer Comment: No
Off Market Date: 2023-10-11
Closed Date: 2023-10-23
Sales Close Price: 3850000
Original List Price: 3995000
Contingency: None
ListPrice: 3995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1500
Street Name: 9th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Saint Cloud
County: Stearns
State: MN
Zip Code: 56301
Complex/Dev/Subdivision: Highpoint

Assessments

Tax With Assessments: 58112
Assessment Balance: 0

Building Information

Building Finished SqFt: 69192
Building SqFt: 69192

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

FIPS Code: 27145
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 28
Section#: 23
Township#: 124

Sale Options

Sale Includes: Building,Land,Leases,Rental License

Unit 2

No. of 2 Bedroom Units: Yes

Unit Details

Total Units: 54

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

Map Page: 231
Municipality: Saint Cloud
Rental License?: Yes
School District: St. Cloud
School District Phone: 320-253-9333
Map Coordinate Source: King's Street Atlas
Zip Plus 4: 5794
Property ID Number: 82474060001
Tax Year: 2023
Tax Amount: 58112
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: IVY Apartments in Saint Cloud is a great location with close proximity to downtown, parks, schools, and easy access to Interstate 94 and other major thoroughfares. Offering consists of (3) Three - 3 story apartment building totaling approx. 70,000 square feet with Fifty-Four (54) Apartment Units, and 1 Garage/Maintenance Building. Attractive brick and vinyl siding exterior with new 30-year asphalt shingled roofs. The buildings consist of 53 - 4 Bedroom Units and 1 – 2 Bedroom Unit. Unit layout consists of kitchen and dining areas, spacious living area, large closet, dual sink vanities and 1-1.5 bathrooms. Units are nicely equipped with range/oven, fridge/freezer, and dishwashers. Additionally, there are laundry facilities on each floor. These nicely updated apartment buildings have received significant capital improvements in 2023 (approx. $300K invested) consisting of new roofs (all buildings), parking lot upgrades, new intercom systems, and all new common area painting in progress.
Directions: 1 Block East of 9th Ave/Clearwater Rd.

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Vinyl: Yes

Financing Terms

Conventional: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Parking Lot: Yes

Rental License Type

Standard: Yes

Sewer

City Sewer/Connected: Yes

Stories

Three Or More: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Commercial: Yes