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Multifamily

Sibley Estates

610 Main St, Henderson, MN 56044

Listing Price: $1,650,000

Cap Rate
7.91%
Number of Units
50
GRM
3.84
Price/Unit
$33,000

Investment Overview

Marcus & Millichap is pleased to present Sibley Estates East &
West. These two identical properties are located at 610 Main
Street in Henderson, MN and 509 High St in Winthrop, MN.
Strategically located near Highway 169 in Sibley County, this
pair of well-maintained properties offer convenient access
to key transit routes, ensuring strong tenant demand and
accessibility.

Investment Highlights

  • Section 8 Housing | Senior 62+ Designation
  • Well Below Replacement Value
  • 100% Occupied

Exclusively Listed By

Financing By

Multifamily

Sibley Estates

Listing Price: $1,650,000

Cap Rate
7.91%
Number of Units
50
GRM
3.84
Price/Unit
$33,000

Investment Highlights

  • Section 8 Housing | Senior 62+ Designation
  • Well Below Replacement Value
  • 100% Occupied

Investment Overview

Marcus & Millichap is pleased to present Sibley Estates East & West. These two identical properties are located at 610 Main Street in Henderson, MN and 509 High St in Winthrop, MN. Strategically located near Highway 169 in Sibley County, this pair of well-maintained properties offer convenient access to key transit routes, ensuring strong tenant demand and accessibility.

Exclusively Listed By

Financing By

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