Ellie Apartments

Investment Overview

Introducing a prime investment opportunity in the heart of Moorhead, MN. This impressive property boasts a 16,965 SF building featuring 18 well-maintained units, offering a lucrative investment potential for the discerning low-rise/garden investor. Built in 1968 and zoned RMD, the property is thoughtfully designed and boasts an impressive 94% occupancy rate, ensuring a steady and reliable income stream. With its desirable location and strong rental demand, this property encapsulates the essence of a sound multifamily investment, presenting an opportunity for immediate and long-term returns in the thriving Moorhead area.

Investment Highlights

• 16,965 SF building
• 18 units + 10 garages
• Excellent rental history
• Great Downtown Moorhead location