$3,850,000
MLS# 6426804
Status: Closed
69192 sqft
1 / 14
Property 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 progress.
Details
Contract Information
Allow Auto Valuation: No
Allow Consumer Comment: No
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2023-10-11
Current Price: $3,850,000
Closed Date: 2023-10-23
Sales Close Price: 3850000
Original List Price: 3995000
Contingency: None
ListPrice: 3995000
List Date: 2023-08-31
Office/Member Info
Association: MAAR
MLSID: RMLS
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 Dimensions: 457x248
Acres: 2.81
Foundation Size: 23064
Lot Size SqFt: 122403.6
Garage Stalls: 0
For Sale or Lease: For Sale
Assessment Pending: No
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: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 58112
Building Information
Building Finished SqFt: 69192
Building SqFt: 69192
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Vinyl: 1
Financing Terms
Conventional: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
FIPS Code: 27145
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Public Survey Info
Range#: 28
Section#: 23
Township#: 124
Rental License Type
Standard: 1
Sale Options
Sale Includes: Building,Land,Leases,Rental License
Sewer
City Sewer/Connected: 1
Stories
Three Or More: 1
Unit Details
Total Units: 54
Water
City Water/Connected: 1
Unit 2
No. of 2 Bedroom Units: 1
On Site Utilities
Electric Separate: 1
Heating Common: 1
Hot Water Common: 1
CMU Style
Apartments/Multi Family: 1
Current Use
Commercial: 1
Location Tax and Other Information
Postal City: Saint Cloud
County: Stearns
State: MN
Zip Code: 56301
Complex/Dev/Subdivision: Highpoint
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
Listing Office: Orion Real Estate Advisors, Inc
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.