109 E Luverne St - City Centre Apartements — Sale in Luverne, MN

  • Price: $2M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Luverne, MN 56156
  • Size: 75,000 SF
  • Year built: 1925

Investment Figures

Price per square foot
$27

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This is a great investment opportunity to own the City Centre Apartments, a 34-unit apartment complex in the heart of Luverne! This original school building has been renovated into a unique residential space complete with a full court basketball court! Well-kept and clean building with spacious outdoor yard space, community room for hosting events and gatherings, shared coin laundry room and elevator access to upper level floors. Compromised of a variation of 1, 2 & 3-bedroom units that are currently leased. Convenient location close to many restaurants, shops & businesses, Luverne City Park and the Rock River.

Market Context

This multifamily in Luverne, MN is listed for sale at $1,990,000 across 75,000 SF. The building dates to 1925. It has been on the market for 73 days. Compare it against other multifamily listings for sale in Luverne, MN — view the full market.

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