For Sale: Luverne MLS# 6536480
Active
$8,750,000
Commercial: Apartment,Low Rise
Built 2022
2.53 acres
Luverne schools
MLS# 6536480
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Property Description
In 2022, Luverne, Minnesota welcomed two award-winning energy-efficient apartment buildings, each comprising 27 units. These pioneering structures are designed to meet the highest environmental standards, focusing on sustainability and energy efficiency. Both buildings are recognized by the Dept of Energy as an industry leader. Featuring advanced insulation materials, triple-glazed windows, and efficient HVAC systems. The buildings minimize energy loss and operational costs while ensuring comfort for residents year-round. Each unit is equipped with energy-efficient appliances and fixtures, contributing to their overall sustainability. Designed with a modern look that complements Luverne's architectural landscape, these apartments promote a healthy living environment with ample natural light and ventilation. Landscaped green spaces encourage community interaction and outdoor activities, fostering a strong sense of community among residents.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$8,750,000
Property Type:
Commercial
City:
Luverne
County:
Rock
Year Built:
2022
State:
MN
Property Style:
Apartment, Low Rise
Zip Code:
56156
Subdivision Name:
Towne Square First Add
Interior
Ceiling Height:
Less Than 8 Feet
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Dishwasher
- Dryer
- ENERGY STAR Qualified Appliances
- Exhaust Fan
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
Basement Details:
None
Exterior
Stories:
Three Or More
Other Parking Spaces:
128
Foundation Size:
18,000 ft2
Handicap Accessible:
Accessible Elevator Installed
Road Responsibility:
Public Maintained Road
Heating System:
- Heat Pump
- Radiant
Parking Features:
- Concrete
- Electric Vehicle Charging Station(s)
- Paved
Shared Amenities:
- Elevator(s)
- Fire Sprinkler System
- Security
Unit Amenities:
- Deck
- Indoor Sprinklers
- Main Floor Primary Bedroom
- Natural Woodwork
- Patio
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
- Engineered Wood
- Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Architecural Shingle
Lot & Land
Acres:
2.53
Geolocation:
43.6463217709, -96.2111334767
Inclusions:
Building
Lot Dimensions:
298 x 223
Addl Parcels:
202144000
Zoning:
Business/Commercial
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
2184
District Phone:
507-283-8088
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$17,022
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$17,022
Units
Total Units:
54
Miscellaneous
Current Use:
Commercial
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.