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1685 Redding Ave NWindom, MN 56101
Lakeside Apartments of Windom
Asset ClassMultifamily
Deal Size$5.5 M
FOR SALE | 7.78% CAP | $5.5MM | 45-Unit MF | 2020 Construction
overview of deal

Overview

Lakeside Apartments of Windom is a 45-unit multifamily property built in 2020 and located adjacent to Cottonwood Lake in Windom, Minnesota. The property offers stable in-place income, modern construction, and limited near-term CapEx requirements.

 

The property features a mix of one-, two-, and three-bedroom units with open floor plans, stainless steel appliances, in-unit laundry, walk-in closets, and spacious layouts. Community amenities include controlled keyless access, elevator service, fitness center, community room, attached garages, detached garages, and ample off-street parking.

 

Lakeside Apartments is located near Highway 60, major employers, healthcare, schools, and retail services, offering convenient access within a stable regional employment market.

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Investment Highlights

  • 45 Units | Built in 2020
  • Stable In-Place Income
  • Limited Near-Term CapEx Requirements
  • Adjacent to Cottonwood Lake
  • 1BR, 2BR & 3BR Unit Mix
  • In-Unit Laundry & Stainless Steel Appliances
  • Controlled Access & Elevator Service
  • Fitness Center & Community Room
  • Attached & Detached Garages
  • Near Major Employers & Highway 60
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1685 Redding Ave NWindom, MN 56101
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