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The Downton Abbey
480 W 8th St, Red Wing, Goodhue County, MN 55066
$1,290,000
asking price · Crexi
The building
Six Renovated Apartments in a 3-Story All-Brick Building Sitting on 0.38 Acres! Turn-Key!!
Particulars
| Situation | Red Wing, MN, United States |
|---|---|
| State | MN |
| Guide price | $1,290,000 |
| Agent or source | Apartment Cash Flow Inc. |
| Status | Available |
Plate II · situation of the building
How a group buys it
- A reader enters a pledge: a name and an amount, recorded on this page. It is a declaration of intent, not a payment. Nothing is charged, and a pledge may be withdrawn on request.
- When the pledges against the building cover the asking price, together with a reserve for closing costs, title, survey and the first year of upkeep, the page closes and the pledgers are introduced to one another.
- The group settles its legal form: a nonprofit, a co-operative, a land trust, or a single buyer collecting donations. An attorney drafts the instrument, and a title company or solicitor holds the funds in escrow.
- The purchase completes, and the group decides the building's use: worship, a hall, a school, housing, or simple preservation. The deed records the arrangement.
Particulars supplied by Crexi. See the original listing. Prices and availability change; verify every particular with the agent before acting.