Apartments For Sale • 21,546 SF
| Situated in the City of Falcon Heights just a few blocks from the University of Minnesota’s St. Paul campus. This is a non-rent control asset |
| 30 units have been completely renovated with modern finishes. In addition, common areas and landscaping have received a complete refresh |
| With a vast majority of the property consisting of three bedrooms and two bedrooms, average rents are $1,503 |
| 26 garages and 38 surface spaces provide additional revenue and convenience, plus room to park in front of each garage for added capacity |
| In-Place Cash Flow: Priced at a 7% CAP on actual 2025 financials |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Target Field Station (Northstar Corridor - Northstar Commuter Rail) | 16 min | - | 5.7 mi |
| 15 min | - | 7.6 mi | |
| Airport | Drive | Walk | Distance |
| Minneapolis-St Paul International/Wold-Chamberlain | 27 min | - | 11.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 38 |
| Type: | Surface |
| Included in Rent: | Yes |