LARSON REALTY

#CM-119916-PF (DML) Escape the rat race or just make a great investment for your retirement! Countryside Apartments is a 30 unit rental complex nestled into a beautiful northwoods setting 1.5 miles west of Phillips & in close proximity to Minnow Lake & the Phillips Chain of Lakes. The units are housed in three separate 11,000 sq. ft. buildings that were constructed in the 1990's & are in very good condition. Each building has its own commercial laundry & there are 23 garage units. Traditionally high occupancy history & terrific cash flow make this a great investment at $1,499,000.00 


 

  1310n Minnow Lake Rd N Click here for more information
Area   # Units  
County Price # Floors  
Township PR Phillips City Total SqFt 21,888
Bus Name Countryside Apartments Price History
MLS# 119916 Current Price $1,499,000.00
Type   Sale Price  
Status Active Sale Date  
Taxes $22,313 (2010)    
Possession On Closing    
       
Business
Bus SubType   Total Exp  
Gross Income   Tenant Exp  
Lease Terms Other Expense Yr  
Items Included Furniture
Business Docs  
Property
Bedrooms   HVAC  
Bathrooms   Fuel  
Flooring   Water City/Municipal
Construction Frame/Stick Sewer City Sewer
Exterior Vinyl Utilities Circuit Breakers, Phone
Roofing Composition Shingles Parking  
Info/Permits/Restricts Septic Report
Exterior Features  
Site Description Industrial Park, Professional/Office Center
Site Influence  
Lot Lake
Lot Width (ft)   Lake Name NONE
Lot Depth (ft)   Lake Chain  
Lot Size (sqft) 152,895 Surface (ac)  
Lot Size (ac) 3.51 Lake Depth  
Road Ftg (ft)   Water Ftg (ft)  
Access Road Town Road, Paved Road Shoreline  
Legal
Legal Sec 12, T37N, R1E Financing Cash
STR 12 37 1E Zoning Commercial
Tax Comp# 50272437010751512240000 Title Fee Simple
Directions Cty Rd F 1.5 Miles West From Phillips To Right On Minnow Lake Road North, Property On Left.
Consumer Alert  
Listing Office Coldwell Banker Larson Realty 
Selling Office  
This listing information is provided to you by: The Greater Northwoods MLS
Derek Larson Coldwell Banker Larson Realty
Agent:(800) 788-9611 Office: (715) 762-2232
larsonpf@pctcnet.net
1151 S 4th Ave, Po Box 108, Park Falls
 
 
 

The above information is provided by members of the Greater Northwoods Multiple Listing Service and is believed to be reliable but should not be relied upon without verification. The Greater Northwoods MLS assumes no responsibility for its accuracy. Not intended to solicit already listed properties. Lake information was provided by Wisconsin Dept. of Natural Resources. State of Michigan lake information has been provided courtesy of the Michigan DNR, Institute for Fisheries Research, Ann Arbor, Michigan.