Listed By
Agency Name: Weichert, Realtors - Paulson Land Co
Agency Phone: 218-864-5203
Shown By
Agent Name: Shelly Karnis
Agent Phone: (320) 808-7459
Agency Title: Counselor Realty
Property Description
Here is a unique investment opportunity. This 3 building, 16 plex consists of an 8 unit and 2 - 4 unit buildings. Each are 2 bedroom, 1 bath apartments with a common entrance for each building. Rent is currently below area rate as this complex was financed by several community minded people with rent control financing to provide low cost housing in the community. The rent control contract has expired and the owner group would like to pass on the management to someone else. Since the expiration of the contract, rent has been increased for new tenants. The property contains a large area that would allow for a 4th building to be constructed. Offers must be delivered to the listing agent by July 15, 2026 at 5:00pm Central Standard Time. Listing agent will hold all offers as sealed until the next meeting ofthe Board of Directors. At such time, the board shall open and duly considereach offer presented. The Board reserves the right to decline, accept, or counter any offer. The Board also reserves the right to call for highest and best between competing offers. The final acceptance of a Purchase Agreement shall be at a date, not specified here, at the direction of the Board. Final closing date shall be negotiated between the Seller and Buyer. All 16 apartments are Section 8 eligible.
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Feature Descriptions
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706, 708, 710 Holden Ave. , Henning, MN 56551
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706, 708, 710 Holden Ave. , Henning, MN 56551
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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706, 708, 710 Holden Ave. | MLS# 7074045
This commercial property located at 706, 708, 710 Holden Ave. , Henning, MN 56551 is currently listed for sale with an asking price of $500,000. 706, 708, 710 Holden Ave. is located within the Henning school district. Search Henning real estate on skarnis.counselorrealtyalex.com today.