1447 Patterson Loop Loop, Fergus Falls, MN 56537
$2,400,000
Property Type:
Commercial For Sale
Lot Size (sq. ft.):
109,336
Status:
Active
Current Price:
$2,400,000
List Date:
4/09/2025
Last Modified:
9/15/2025
Description
31-unit multifamily investment in Fergus Falls, MN. 1447 Patterson Loop offers 18 units; 1628 has 13 units. Originally built in 1920 and fully restored to the studs in 2017 using Historic Tax Credits. Upgrades include tuck-pointed brick, new wiring, plumbing, HVAC, roof, windows, flooring, kitchens, and more.
This one-of-a-kind property blends historic charm with modern reliability.
More Information MLS# 25-288
Contract Information
Property Name: Fergus Falls Apartments
Auction YN: No
Owner/Agent: Yes
Current Price: $2,400,000
Begin Date: 2025-04-09
Price: 2400000
General, Tax & Legal
Building Size (SF): 32736
Taxes: 0
Spec Inst: 0
Spec Unpd: 0
Drain: 0
Type
Investment Property: 1
Multi-Family: 1
Location
Address #: 1447
Street Name: Patterson Loop
Street Suffix: Loop
County: Otter Tail
State/Province: MN
Postal Code: 56537
General Tax Legal
Parcel No.: 71003991877001
Year Built: 1920
Lot Size (SF): 109336
Lot Acres: 2.51
Status Change Info
Status: Active
Property Features
Type: Investment Property; Multi-Family
Documents
Offering Memorandum ›
Listing Office:
Horizon Real Estate Group
Office Email: David@horizonfargo.com
Last Updated: September - 15 - 2025
Information deemed reliable but not guaranteed.