Michel Commercial – Real Estate
Michel Industrial Actual Estate is pleased to supply on the market the 2215 74th Road West apartments, an 11-unit residence property situated in Richfield, MN in Hennepin county. In-built 1961, this property is fully occupied and is comprised of (11) one-bedroom units which have been up to date and well-maintained. Each unit has an updated kitchen and updated appliances: a refrigerator, an oven, a microwave, and individually controlled air conditioning. There are laundry facilities on-site (2 washers and 2 dryers) and every unit has access to a non-public storage locker. The residents of this property respect its shut proximity to main roadways (Penn Avenue, I-35W, and i-494), local faculties, parks, eating places, shopping, Kupimy mieszkania and more. The 2215 74th Street West apartments offers clear and comfy dwelling with an city suburban really feel.
Many REITs are traded on popular stock exchanges just like stocks, making them an accessible and highly liquid technique to put money into real estate. REITs are required to pay out 90% of their income to investors in the type of dividends, which implies they’re an amazing supply of dependable earnings.
The late Wayne Lemmon was a real property market economist with a degree in architecture from Cornell University, and urban planning from town College of new York. He had over 30 years of expertise with national actual property consulting companies and improvement organizations, and served because the Director of Market Analysis for a regional homebuilder.
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