151 Sunnyslope RD, Morris, MN 56267 (MLS# 7139837)

151 Sunnyslope RD, Morris, MN 56267

$4,400,000
Property Type: Commercial Lot Size (sq. ft.): 273,121 Status: Active
Current Price: $4,400,000 List Date: 9/06/2026 Last Modified: 9/06/2026

Overview

Description

Nature's Edge Apartments offers the opportunity to acquire an 88-unit market-rate multifamily community in Morris, Minnesota, approximately two miles from the University of Minnesota Morris. The five-building property is situated on approximately 6.27 acres and was substantially renovated in 2002. The unit mix includes 64 one-bedroom, 16 two-bedroom, and 8 three-bedroom apartments. Property amenities include laundry facilities in each building, a fitness center, community space, playground, green space, and surface parking. Potential value-add opportunities include rental of the office apartment, improvements or alternative use of community space, parking enhancements, potential garage development, and a conceptual land split.

Listing Details MLS# 7139837

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
130
Waterfront YN
No
Year Built
1970
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
28831
Garage Stalls
2
For Sale or Lease
For Sale
Acres
6.27
Lot Dimensions
540x600
Assessment Pending
Unknown

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Owned; Other CMU Style: Low Rise Construction Status: Previously Owned Current Use: Residential Exterior: Steel Siding Foundation: Concrete Block; Other Fuel: Natural Gas Heating: Hot Water On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot Pool Description: None Roof: Rubber Sewer: City Sewer/Connected Shared Rooms: Community Room; Exercise Room Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
4400000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
151
Street Name
Sunnyslope RD
Postal City
Morris
County
Stevens
State
MN
Zip Code
56267

Additional Parcels Information

Property ID #2
201183000
Property ID #3
201647002,201654001

Assessments

Assessment Balance
340
Tax With Assessments
7096

More Information

Building Information

Building Finished SqFt
57662

Income and Expenses

Annual Gross Expenses
481765
Annual Gross Income
910920
Annual Net Income
429155

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
30x40
Garage Square Feet
1200

Sale Options

Sale Includes
Building, Fixture/Equipment, Land, Leases

Unit 1

No. of 1 Bedroom Units
64

Unit 2

No. of 2 Bedroom Units
16

Unit 3

No. of 3 Bedroom Units
8

Unit Details

Total Units
88
IDX
Listing Office: Granite City Real Estate
Last Updated: September - 06 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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