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5531 Maryland Ave N
New Hope, MN 55428 Becker

$929,900 USD

Apartments For Sale • 5,536 SF

Property Details

Property Type Apartments
Total Building Size 5,536 SF
Lot Size 0.55 AC
Building Class C
Year Built 1979
Cap Rate 5.82 %
Zoning multi-family residential

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                Fully Leased with Strong Lease History
                            
                                Recent Renovations
                            
                                Separate Metering

Property Flyers

5531 Maryland Avenue

Financial Summary (Actual)

Net Operating Income: $54,243 USD (2025)

Cap Rate:	5.82 %
Total Expenses:	$21,297 USD

Amenities

Cable Ready
Online Services

Public Transportation

Commuter Rail	Drive	Walk	Distance
Target Field Station & Rail Platform (Northstar Commuter Rail - Metro Transit)	17 min	-	7.9 mi
Fridley Station & Platform (Northstar Commuter Rail - Metro Transit)	13 min	-	8.3 mi
Airport	Drive	Walk	Distance
Minneapolis-St Paul International/Wold-Chamberlain	32 min	-	22.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Eric Katz 651-238-3440 Keller Williams Realty - North Suburban

5531 Maryland Ave N New Hope, MN 55428 Becker