905 E 5th Street, Blue Earth, MN 56013
Other
IDR Rp7,493,418,388
USD $419,900
Published on: 03 Feb 2026
Last updated on: 16 Jun 2026
Property ID: 110105275972
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Commercial - Blue Earth, MN
905 E 5th Street, Blue Earth, MN 56013
The Oaks Apartments are located in an "Opportunity Zone." The Oaks offers a 9.1 Cap Rate, a 5.4 GRM, 10% Cash on Cash 1st year with a 1.25 DSCR loan at a 51% operating expense ratio. There are eleven units with a mix of two studio, three one bedroom, five two bedroom, and one three bedroom apartments. The units are well maintained with all repair and maintenance issues addressed promptly and professionally. The Oaks Apartments offers a low vacancy and turn over rate. There are a few legacy tenants. There is plenty of parking for residents and guests. The coin operated washer and dryer on site are owned by the seller and included in the sale. Low maintenance vinyl and stone exterior with a metal roof. The Oaks runs like a well oiled machine!
Property Details
Basic Info
Basic Info
Property Type
Other
Listing Status
Active
Land Size
2,428.12 m2
Year Built
1955
Architecture Style
Other
County
Faribault
Parcel ID
212005860
Provider
Northstar MLS
Subdivision
Blue Earth
Brokerage Office Name
RE/MAX Results
Brokerage Office Phone
(952) 829-2900
Address
905 E 5th Street, Blue Earth, MN 56013
Tax History
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $4410 | IDR Rp78,699,631* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither FazWaz.id nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. FazWaz.id recommends that you independently verify any information before relying on it.
Contact Agent
Kevin Goettl
Contact Agent
Contact Agent
Email enquiry to RE/MAX Results
Kevin Goettl
11200 W 78th Street, Eden Prairie, MN 55344
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Property ID: 110105275972
Original Property ID: 3yd-RMLSMN-7015348Data provided by Northstar MLS, MLS #: 7015348
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