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5 Multifamily Lots Bulk Sale - Hutchinson, MN

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  • Mcleod County
    Hutchinson, MN
  • Auction #395-1
    Land
  • Lot Size:
    ±6.10 acres
  • Zoning: R-4
    Topography: Flat
  • Transaction Fee:
    5%
  • Broker
    Co-op:
    2.7%

Land For Sale in Hutchinson, MN

5 Multifamily Lots Bulk Sale - Hutchinson, MN

105 Michael Ct, Hutchinson, MN 55350

***RESERVE HAS BEEN MET***



RE/MAX Results and the Future of Real Estate (FRE) are pleased to present the Online Auction Plus Event (allows for contingencies) for a bulk sale of 5 multifamily lots located on ±6.1 AC in Hutchinson, MN.

  • Zoning: R-4 - High-Density Residential (2 Family and Larger)
  • Low inventory for residential multifamily land in Hutchinson, MN
  • Market Rate General Occupancy rate in early 2021 was 4.13% (source: HRA Hutchinson)
  • High demand for rentals in the area
  • Hutchinson, MN is a peaceful, live-work-play community that many choose to raise a family
  • It is the largest city in McLeod County set on Otter Lake and Campbell Lake
  • Only 1 hr away from Minneapolis, MN via Highway 7
  • The biggest employers in Hutchinson include 3M, Uponor, and Hutchinson Technology, employing almost 4,000 residents


Downloadable Documents

Property Information

Auction Information

Purchase and Sale

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Broker of Record for this property: RE/MAX Results, MN # 554080

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

Contingencies may be included with your bid

BEST AND FINAL® DEADLINE Sep 30 5:00 pm CDT
Highest Previous Bid: US $150,000
Suggested Value:US $255,000
Required bid deposit: US $1,000
days
hours
mins
secs
Auction Ended
Elina Kayumova Event Manager The Future of Real Estate (FRE) P: (949) 706-6116 E: ekayumova@fre.com
Randy Redman Property Representative RE/MAX Results P: (320) 583-3785 E: randy@randyredman.com
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Land For Sale in Hutchinson, MN
5 Multifamily Lots Bulk Sale - Hutchinson, MN
105 Michael Ct
Hutchinson, MN 55350
Auction # 395-1

Contingencies may be included with your bid

BEST AND FINAL® DEADLINE:
Sep 30 5:00 pm CDT
Highest Previous Bid
US $150,000
Suggested Value
US $255,000
Required bid deposit
US $1,000
  • Mcleod County
    Hutchinson, MN
  • Property Type:
    Land
  • Lot Size:
    ±6.10 acres
  • Zoning: R-4
    Topography: Flat
  • Transaction Fee:
    5%
  • Broker Co-op:
    2.7%
Property Description

***RESERVE HAS BEEN MET***



RE/MAX Results and the Future of Real Estate (FRE) are pleased to present the Online Auction Plus Event (allows for contingencies) for a bulk sale of 5 multifamily lots located on ±6.1 AC in Hutchinson, MN.

  • Zoning: R-4 - High-Density Residential (2 Family and Larger)
  • Low inventory for residential multifamily land in Hutchinson, MN
  • Market Rate General Occupancy rate in early 2021 was 4.13% (source: HRA Hutchinson)
  • High demand for rentals in the area
  • Hutchinson, MN is a peaceful, live-work-play community that many choose to raise a family
  • It is the largest city in McLeod County set on Otter Lake and Campbell Lake
  • Only 1 hr away from Minneapolis, MN via Highway 7
  • The biggest employers in Hutchinson include 3M, Uponor, and Hutchinson Technology, employing almost 4,000 residents


Downloadable Documents
Purchase and Sale
Property Viewing

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement
Financing

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Contact Us
Elina Kayumova Event Manager The Future of Real Estate (FRE) P: (949) 706-6116 E: ekayumova@fre.com
Randy Redman Property Representative RE/MAX Results P: (320) 583-3785 E: randy@randyredman.com
Broker of Record for this property: RE/MAX Results, MN # 554080

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.