About This Home
This land at 5th Street S in Maple Lake, MN is listed for $299,900 (6.73 acres).
Key Features
- 6.73 acre lot
Prime Apartment Development Opportunity in Maple Lake. Discover this exceptional 6.73-acre parcel located in Maple Lake's newest development, JR Estates. Designated as an apartment site, the property is ideally suited for an 85-100 unit apartment building, making it a rare opportunity for multifamily developers and investors.
Positioned on the south side of Maple Lake, the site offers convenient access to major highways, Albion Ridges Golf course, and all the amenities the growing community of Maple Lake has to offer. With strong local demand for new housing, this site is perfectly placed to meet the area's residential needs.
Additional highlights of the property include, zoned and designated for multifamily/apartment use, 6.73 acres, ample space for efficient site planning ,fill stockpile available on-site (provided by the developer), buyer to assume assessments and excellent investment or portfolio addition. Don't miss the chance to be part of Maple Lake's next phase of growth, this property offers both potential and location in a community ready for new housing development.
Location
5th Street S
Maple Lake, MN 55358
JR Estates
Questions & Answers
This 0-bedroom, 0-bathroom land at 5th Street S is listed at $299,900. The estimated monthly payment is $1,603 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 6.73 acre lot.
This property is listed by Gary C Dagner and can be reached at (320) 274-5737.