St. Cloud Multifamily Buyer
Sell Your Commercial Property In St. Cloud, MN
From Waite Park to Sauk Rapids, we buy St. Cloud multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Waite Park · Sartell · Sauk Rapids · Southside — Stearns County, MN
Why St. Cloud
Why We Buy Multifamily In St. Cloud
St. Cloud is a Stearns County city of 70,629 residents under ACS 2020-2024, home to St. Cloud State University, St. Cloud Hospital and the St. Cloud VA Medical Center. Renters fill 51.4% of St. Cloud's occupied homes, and the median gross rent is $1,003. ACS counts 11,489 St. Cloud homes in buildings of five or more units. Owners who plan to sell commercial property in St. Cloud, MN face Minnesota's 1.25% class 4a rate and a 0.33% deed tax. Below are St. Cloud renter data, HUD FY2027 rents, tax math and Minnesota landlord rules.
St. Cloud State University
St. Cloud State reported a fall 2026 headcount of 9,143 students, the second largest in Minnesota State.St. Cloud Hospital
CentraCare's St. Cloud Hospital profile lists approximately 6,500 employees and more than 550 physicians on its medical staff.St. Cloud VA Medical Center
The St. Cloud VA Health Care System completed 471,041 outpatient visits in 2025 and cares for over 37,000 veterans yearly.Our Buy Box
What We Buy In St. Cloud
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
St. Cloud Apartment Market
Figures gathered October 2026 from public market data.
Who rents in St. Cloud
Renters occupy 51.4% of St. Cloud's 27,807 occupied homes, or 14,302 households, under ACS 2020-2024 tenure data. St. Cloud has 11,489 homes in buildings of five or more units, 38.6% of its housing, per ACS units-in-structure data. Another ACS year-built data shows 48.4% of homes predate 1980, with a median year built of 1981.
Rents and affordability in St. Cloud
St. Cloud's median gross rent is $1,003 under ACS 2020-2024, $277 below Minnesota's $1,280 median. Rent takes 30% or more of income for 46.2% of St. Cloud renter households, per ACS rent-burden data.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $884 |
| One bedroom | $961 |
| Two bedroom | $1,233 |
| Three bedroom | $1,656 |
| Four bedroom | $1,961 |
HUD FY2027 fair market rents cover the St. Cloud, MN MSA. St. Cloud's median rent sits $230 below the two-bedroom benchmark, so owners who sell commercial real estate in St. Cloud, MN can price against room to grow.
Property taxes in Stearns County
A $2,000,000 St. Cloud apartment building has $25,000 of tax capacity at Minnesota's class 4a rate. Minnesota classes rental buildings of four or more units as 4a at 1.25% of market value under Statutes 273.13. Stearns County, city and school rates apply to that base and are not included here.
A plan to sell commercial property in St. Cloud, MN also carries the 0.33% deed tax, or $6,600 at $2,000,000.
Landlord rules in St. Cloud
Minnesota deposits earn 1% simple interest and must be returned or itemized within three weeks, under Statutes 504B.178. A nonpayment eviction needs a written notice giving 14 days first, though local rules may allow longer, per Statutes 504B.321.
Statutes 471.9996 bars Minnesota cities from controlling private residential rents except as its subdivision 2 allows.
What it means for an owner
Stearns County has 14,872 homes in buildings of five or more units, 22.3% of its housing, and 11,489 of the 29,762 St. Cloud homes sit in them. Owners who plan to sell commercial property in St. Cloud, MN sell into that apartment base.
Buyers will weigh the $1,003 median rent against $25,000 of tax capacity per $2,000,000. Anyone ready to sell commercial real estate in St. Cloud, MN can start with that math.
Skyline Capital Investments buys 5+ unit apartment buildings. To sell your apartment building in St. Cloud, run your numbers in our cap rate calculator, then start on our sell my apartment building page.
Good To Know
Selling In St. Cloud
More about selling in Minnesota →Investing in St. Cloud? See apartment syndications in St. Cloud →
- Selling commercial property in St. Cloud means pricing against a $1,003 median rent, under HUD's $1,233 two-bedroom benchmark.
- Rent takes 50% or more of income for 27.1% of St. Cloud renter households, per ACS 2020-2024.
- Buildings from before 1980 are 48.4% of St. Cloud's housing, so buyers ask about age and upkeep.
Seller Guides
St. Cloud Seller Situations
Learn More
Taxes & Rules For St. Cloud Property
The Minnesota rules that shape any deal in St. Cloud: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
St. Cloud Seller FAQ
What property tax applies if I sell commercial property in St. Cloud, MN?
Minnesota classes rental buildings of four or more units as 4a at 1.25%, so a $2,000,000 St. Cloud building carries $25,000 of tax capacity. Stearns County, city and school rates apply on top of that base. A sale also owes the 0.33% deed tax, or $6,600.
How many apartments are there when I sell commercial real estate in St. Cloud, MN?
St. Cloud has 11,489 homes in buildings of five or more units under ACS 2020-2024, or 38.6% of its housing. Stearns County has 14,872 such homes, and 3,755 of St. Cloud's sit in buildings of 50 or more units.
Who rents in St. Cloud?
Renters are 14,302 of St. Cloud's 27,807 households, or 51.4%, under ACS 2020-2024. St. Cloud State reports 9,143 students this fall. Owners who sell multifamily property in St. Cloud sell into a renter base that includes those students.
How do St. Cloud rents compare with HUD fair market rent?
St. Cloud's median gross rent is $1,003 under ACS 2020-2024. HUD's FY2027 two-bedroom fair market rent for the St. Cloud, MN MSA is $1,233, or $230 higher. Rent takes 30% or more of income for 46.2% of renter households.
What is the rental vacancy rate in St. Cloud?
St. Cloud's rental vacancy rate is 5.1% under ACS 2020-2024, with a margin of error of 1.7 points. That estimate comes from Census profile table DP04, published for St. Cloud city in the 2020-2024 five-year release.
Will you buy a St. Cloud property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my St. Cloud apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Who buys occupied rental property in St. Cloud?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in St. Cloud?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Have A Property In St. Cloud?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
