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North Minneapolis Portfolio
Minneapolis, MN Hawthorne

$3,856,000 USD

Multifamily For Sale  •  33,572 SF

4 Properties View all

Property Details

  • Property Type Multifamily
53 Transit Score
87 Walk Score

Highlights

Immediate Scale — rare opportunity to acquire 43 units across multiple locations with operational efficiency and income stability
Portfolio anchor - with 4 different properties, this could become an anchor portfolio for someone looking to get into the North Minneapolis market
In-Place Cash Flow with Upside through continued rent growth and light value-add enhancements
Solid Historical Performance with proven rent collections and occupancy history
Strong North Minneapolis Submarket Fundamentals benefiting from ongoing revitalization efforts and public/private investment
Attractive Basis per Unit relative to replacement cost and competitive submarket pricing

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 5 min - 1.7 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail) 12 min - 6.8 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 27 min - 15.5 mi
Robert Dulin 612-270-4730 Cushman & Wakefield
Robert Dulin 612-270-4730 Cushman & Wakefield