Comments for 190 Country Club Road SW, Melrose, MN 56352
Excellent opportunity to acquire a 100% occupied, professionally managed, 12-unit multi-family property at Country Club Estates in Melrose. The property features an attractive unit mix of 10 - two bedroom, two bath units and 2 - one bedroom, one bath plus den units. Each apartment includes an attached garage as part of the monthly rent, providing a desirable tenant amenity. Tenants are responsible for electric, including hot water, while the landlord pays cold water, sewer and refuse. Additional income is generated through on-site coin operated laundry. Significant recent capital improvements include new roofing and siding completed in 2025. Conveniently located near I-94 in the town of Melrose, approximately 30 minutes from both the St. Cloud metro and Alexandria Lakes Area, providing convenient access to two of Central Minnesota's key regional markets. This fully occupied, professionally managed multi-family investment offers a strong unit mix, tenant-paid utilities, attached garages, additional laundry income, and substantial recent exterior improvements. This building is located just a couple blocks from Meadowlark Country Club & Golf Course.
Days on Market: 39
Road Frontage: City Street, Paved Streets
Exterior: Frame
Roof Type: Age 8 Years or Less, Architectural Shingle
Foundation Size: 6840
Sale Includes: Building, Land
Fuel Type: Electric
Sewer: City Sewer/Connected
Garage: 12
Stories: 2.0
Heating: Baseboard
Taxes: $12,578
Lot Dimensions: 124x300
Tenant Expenses: Electricity, Heat, Hot Water
Lot Size: 0.86 Acres
Units: 12
Owners Expense: Common Area Maintenance, Exterior Maintenance, Grounds Care, Management, Snow Removal, Taxes, Trash Collection, Water
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Parcel#: 66370010080
Water: City Water/Connected
Parking Description: Attached Garage, Asphalt, Multiple Garages, Parking Lot, Paved Lot
Year Built: 1995