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
Overview
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.
Listing Details MLS# 25-288
Contract Information
- Property Name
- Fergus Falls Apartments
- Begin Date
- 2025-04-09
- Auction YN
- No
- Price
- 2400000
- Owner/Agent
- Yes
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
General, Tax & Legal
- Building Size (SF)
- 32736
- Taxes
- 0
- Spec Inst
- 0
- Spec Unpd
- 0
- Drain
- 0
Type
- Investment Property
- Yes
- Multi-Family
- Yes
More Information
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.