1902 & 2008 8 1/2 Street Southeast, Rochester, MN 55904 (2024)

  • For Sale $6,500,000
  • Property Type Multi-Family
  • Property Size 93,600 SF
  • Units 80
  • Lot Size 6.55 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1985
  • Year Renovated 2024
  • Date Updated Jun 1, 2024

Discover Rochester, MN, a vibrant city known for its rich cultural scene, thriving economy, and strong sense of community. Nestled within close proximity to the property, residents can easily explore popular attractions such as the Rochester Art Center, the Douglas State Trail, and the historic Mayowood Mansion. Enjoy the convenience of nearby shopping and dining options, including the renowned culinary offerings of downtown Rochester. With its picturesque parks and diverse entertainment options, this area offers a desirable living experience for residents of Andover Park Apartments. Experience the best of Rochester right at your doorstep.Introducing a multifamily investment opportunity in the heart of Rochester, MN. This impressive property features a 93,600 SF building with 80 units, offering an ideal blend of space and comfort for residents. Built in 1979 and recently renovated in 2024 with a solid 90.8% occupancy rate, this investment promises steady returns and long-term value. Embrace the potential for passive income and capital growth with this well-positioned asset in the Rochester area. Seize the opportunity to add a high-performing multifamily property to your portfolio.

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Highlights

  • - 93,600 SF low-rise building
  • - 80 well-maintained residential units
  • - Built in 1979, renovated in 2024
  • - Desirable location in Rochester area
  • - Strong 90.8% occupancy rate
  • - Modern amenities and upgraded features
  • - On-site parking for residents
  • - Spacious and landscaped garden areas
  • - Community fitness center and recreational facilities
  • - Professional property management in place
  • - Proximity to local conveniences and services
  • - Attractive investment opportunity with steady returns

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Contacts

1902 & 2008 8 1/2 Street Southeast, Rochester, MN 55904 (1)

Hayden Hulsey, CCIM

Results Commercial

Location

Getting Around

  • Walk Score ®

    1902 & 2008 8 1/2 Street Southeast, Rochester, MN 55904 (2) 30/100 Car-Dependent
  • Bike Score ®

    1902 & 2008 8 1/2 Street Southeast, Rochester, MN 55904 (3) 76/100 Very Bikeable

Powered by Walk Score ®

  • City Rochester, MN
  • Neighborhood Rochester
  • Zip Code 55904

Points of Interest

  • Holiday

    0.47 miles

  • Kwik Trip

    0.50 miles

  • Go! Fuels

    0.82 miles

  • Kwik Trip

    1.23 miles

  • Electric Car Charging Station

    1.45 miles

  • Sinclair

    1.58 miles

  • Cenex

    1.62 miles

  • Tesla Supercharger

    1.85 miles

  • Holiday

    1.86 miles

  • Baraka Super Gasoline

    1.98 miles

  • West Lot - Paved & Lighted (A)

    0.45 miles

  • Soccer

    0.46 miles

  • Hospital

    0.46 miles

  • Handicap Lot (E)

    0.54 miles

  • Hospital

    0.56 miles

  • West Lot - Gravel (B)

    0.58 miles

  • County Health Services

    0.62 miles

  • RFMC

    0.63 miles

  • Community Services

    0.65 miles

  • Campus Summer School

    0.66 miles

  • The Marion Apartments

    0.89 miles

  • Baymont

    1.44 miles

  • Hotel Indigo

    1.47 miles

  • DoubleTree

    1.49 miles

  • Hilton Garden Inn

    1.50 miles

  • Broadway Residence and Suites by Bridgestreet

    1.52 miles

  • Hilton - Mayo Clinic Area

    1.53 miles

  • Marriott - Mayo Clinic Area

    1.61 miles

  • Kahler Grand Hotel

    1.64 miles

  • Quality Inn & Suites

    1.64 miles

  • Little Caesars

    0.38 miles

  • Subway

    0.39 miles

  • El Carambas

    0.40 miles

  • Opa! Opa!

    0.42 miles

  • Burger King

    0.49 miles

  • Toppers Pizza

    0.51 miles

  • Zadeo's Pizza

    0.56 miles

  • KFC

    0.99 miles

  • Domino's

    1.20 miles

  • Snappy Stop

    1.35 miles

  • Rochester Community and Technical College

    0.46 miles

  • RCTC Heintz Center

    0.50 miles

  • RCTC Main Building Complex

    0.61 miles

  • St Francis Catholic School

    0.77 miles

  • Lincoln K-8 Choice School

    0.90 miles

  • Mayo High School

    0.92 miles

  • University of Minnesota Extension Research Site

    0.94 miles

  • Riverside Central Elementary School

    1.07 miles

  • Riverside Central Elemntary School

    1.08 miles

  • Hawthorne Education Center

    1.10 miles

  • New Horizon Academy

    2.10 miles

  • KinderCare

    2.46 miles

  • Kids Come First

    2.68 miles

  • Kids Come First

    2.81 miles

  • Green Meadows KinderCare

    2.84 miles

  • Precious Pebbles Preschool

    2.85 miles

  • Al Imra Daycare

    3.80 miles

  • University of the Child

    4.42 miles

  • Children's Beginnings

    4.45 miles

  • Discover Magical Moments

    5.20 miles

Frequently Asked Questions

How much does Andover Park Apartments cost?

The space currently listed for sale at Andover Park Apartments asks for $6,500,000.

What is the total square footage of Andover Park Apartments?

Andover Park Apartments totals 93,600 square feet.

When was this property built?

Andover Park Apartments was built in 1985.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

1902 & 2008 8 1/2 Street Southeast, Rochester, MN 55904 (4)

Hayden Hulsey, CCIM

Results Commercial

1902 & 2008 8 1/2 Street Southeast, Rochester, MN 55904 (2024)

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