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
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