The property has 26 one-bedroom and five two-bedroom units. The building, which is being foreclosed on, had an occupancy rate of 45% in November, the mostrecent month available.
The property is projected to generate about $134,052 in annual income and has annual expenses of $105,265, according to the bid kit on the property.
Bids must be presented by 11 a.m. March 29 at the Murray County Sheriff's Department at 2558 29th St. in Slayton, MN.
NOT FOR REPRINT
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
