Call for Offers:
ends
Deal Highlights
Opportunity to Acquire a Mature, Mom-and-Pop Managed Property Currently Operating at 90% Occupancy
Current Ownership Has Minimal Traditional Advertising in Place, Creating Immediate Operational Upside
Strong Market Fundamentals with Only 6.5 SF Per Capita Within a 5-Mile Radius
Ability to Implement Tenant Insurance Program for Additional Ancillary Revenue and Easy Value-Add Opportunity
No Future Development In The Surrounding Market
Address: 4514 Rice Lake Rd, Duluth, MN, 55803
Price: TBD by Market
Pro Forma NOI: 483306
Net Rentable Square Feet: 58,650 NRSF
Unit Count: 493
Lot Size: 9 Acres
Status: Under Contract
Year Built: 1964
*Lead broker information is located within the offering memorandum.
Listed By: SkyView Advisors, LLC. MN RE Lic #40900501
