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Multifamily Tax Credit

Cascade Creek Apartments

421 6th Ave NW, Rochester, MN 55901

Listing Price: $6,500,000

Cap Rate
4.98%
Number of Units
40
GRM
8.21
Occupancy
95.0%
Price/Unit
$162,500

Investment Overview

Marcus & Millichap is pleased to present Cascade Creek Apartments.

Investment Highlights

  • 40-Unit LIHTC
  • Within Walking Distance Of The Mayo Clinic
  • $169,152 Annual ($352 Per Unit) Rent Upside to Max Allowable

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Multifamily Tax Credit

Cascade Creek Apartments

Listing Price: $6,500,000

Cap Rate
4.98%
Number of Units
40
GRM
8.21
Occupancy
95.0%
Price/Unit
$162,500

Investment Highlights

  • 40-Unit LIHTC
  • Within Walking Distance Of The Mayo Clinic
  • $169,152 Annual ($352 Per Unit) Rent Upside to Max Allowable

Investment Overview

Marcus & Millichap is pleased to present Cascade Creek Apartments.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

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