Historic Minnesota Unit for Investments for sale

An investment opportunity in several family property units located in downtown Luverne, Minnesota. Historic Minnesota unit for sale was built as an educational institution in 1925 and was later converted into 37 condominiums. The building has such a huge area that it covers the entire city quarter.

What is available for you with this historic unit for sale in Minnesota?

Now, this is an LLC with 37 individual plots and homeowners’ associations, offering flexible ownership options, in particular, the possibility of partial ownership of several units. You can either rent out the condominiums you have purchased or sell them.

Additional income from the ready historic unit business for sale can be gained from using the laundry and garage. The parking area has 63 spaces, 24 of which are separate garages and the rest are paved parking spaces. The plot has additional space for expansion. You will be able to make a good profit from renting out these condominiums, as about 30% of the population of the city of Luverne are tenants.