Price Upon Req.3,470 SF
William-Robert is pleased to present for sale this five unit building located on 3rd Avenue in Minneapolis. This building is on the Eastern edge of the Whittier neighborhood. Whittier includes attractions like Eat Street, Minneapolis Institute of Arts and the mid-town Greenway. Whittier is often considered the affordable Uptown because it is so close to the desirable Uptown and Lyn-Lake areas. Whittier has benefited greatly from the inner city rebirth and it' s proximity as it has seen both significant rent growth and tenant quality improvement over the past 5 years. This building is a bank owned, value add, apartment building in a great location. Isn' t that every investor' s perfect property? This building is licensed for 5 apartments, but there are 6 apartments in the building today. A creative Buyer could reconfigure units or increase the rental license. This asset is very easy to show! The exterior of the building appears in good condition. It has newer vinyl siding, windows and a roof that all appear in good condition. It also has a front patio for tenants to enjoy. The Seller is motivated. Bring all offers it will sell at an attractive Wholesale price!
Two side by side duplexes, each with one 3 bedroom 1 bath and one 2 bedroom 1 bath units. Solid performer, never vacant. Equity building opportunity. Each unit has its own garage
Price Upon Req.81,459 SF
***Offers Due July 23rd, 2015*** Cushman & Wakefield/NorthMarq is pleased to present E-Street Flats, a mixed-use student housing property in Arden Hills, MN offering 74 student housing units (154 bedrooms) and 22,000 retail square feet. The property primarily serves Bethel University and University of Northwestern but students from University of Minnesota, Hamline, Metro State, Century College and St. Mary's have also chosen to live at E-Street Flats. Bethel and Northwestern are highly regarded private universities and enroll a combined 8,000 students. Investors are offered the opportunity to acquire an irreplaceable asset in a high-quality submarket. Nearby, Bethel recently acquired the former Countrywide Financial headquarters (225,000 sf) with plans to expand enrollment by 600 students with the addition of a nursing and healthcare program in 2016. Cash-on-cash returns will push past 15% with additional retail leasing and continued growth in residential rents. The investment fits well within Freddie Mac's lending program but will also be attractive to bank lenders.
4 unit brick building, all two bedrooms with large living/dining room, large kitchen, tub/shower, hardwood floors with carpeting in bedrooms. Newer roof and hot water heater in 2013, on bus line.
Conway and Bates Apartments are vintage 1880 stucco buildings located in the historic Dayton' s Bluff neighborhood in east St. Paul overlooking the downtown skyline, and offering convenient access to major highways. The 14-unit four building complex is professionally managed and features a nice mix of one, two, and three-bedroom units The spacious apartments are attractively appointed with hardwood floors, mostly white kitchen appliances, gas stoves, and large windows with mini-blinds. Additional classic features, in some units, include original mantle fireplaces, built-in buffets, baths with vanities, claw-foot tubs and ceramic tile floors.
Bates Avenue Apartments is a vintage 1891 brick building located in the historic Dayton' s Bluff neighborhood in east St. Paul overlooking the downtown skyline, and offering convenient access to major highways. The 20-unit building is professionally managed and features a nice mix of one-and two bedroom units with one studio apartment. This property is well maintained and the building' s original architectural details have been preserved. The front door entry is secured and opens into a lobby area with quarry tile flooring. The hallways are fully carpeted and well lit with stairway windows on each floor. The spacious apartments are attractively appointed with hardwood floors, mostly white kitchen appliances, gas stoves, and large windows with mini-blinds. Additional classic features, in most units, include original mantle fireplaces, built-in buffets, baths with vanities, claw-foot tubs and ceramic tile floors.
Apartments on Sloan are two well-constructed eight- and four-unit buildings northeast of Downtown St. Paul. The two buildings, both built in 1984, include eight heated, under-ground garages, and four detached garages as well as additional off-street parking. Halls and stairways in the 8 unit building are nicely carpeted and well lit. Both front and back entries are equipped with glass security doors. All apartments feature decks or patios and two-bedroom floor plans, which are nicely decorated with neutral-color finishes, large windows and plenty of closet space. Kitchens are equipped with stainless steel double sinks, electric ranges, fan hoods, and ample counter space. All bathrooms are appointed with vanities, tub surrounds and vinyl floors.
Glenwood Terrace Apartments is a professionally managed and maintained 2 ½-story brick complex consisting of 26 spacious units. The property, built in the early 60' s, also includes an off-street parking lot directly adjacent to the site. Front & back entries are equipped with double glass security doors and durable ceramic tile flooring. Halls and stairways are fully carpeted and well lit and feature wrought-iron railings. All apartments are nicely decorated with neutral-color finishes, large windows and plenty of closet space. Kitchens are equipped with stainless steel double sinks, gas ranges, fan hoods, and ample counter space. All bathrooms are appointed with vanities, tub surrounds and tile floors.
Bryant Avenue Apartments is an attractive complex situated on a double lot with 23 spacious one bedroom units. The front entrances are classically-styled with glass-paneled entrance, tile entryways, wrought iron railings, updated lightning and newer carpeted hallways and stairs. The property, built in the early 60s, also offers onsite laundry and ample off-street parking spaces. All apartments are nicely appointed with neutral-color finishes, large windows and plenty of storage space including large hallway closets. Kitchens feature all white appliances, and stainless steel sinks. Bathrooms have tile floor and tile surrounds.
Excellent Location! $5,350. Monthly income.New roof. Recent electrical and plumbing. Building is full. 1st floor units were recently renovated with new kitchen and bathrooms carpet and ceramic tile. Large concrete parking and yard. New concrete steps and sidewalks. Owner Retiring. Same Owner for over 20 years!