612-270-4730
1506 Laurel Ave, Minneapolis, MN for Sale
Apartments - FOR SALE
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null | Request Cap Rate

1506 Laurel Ave
Minneapolis, MN 55403
Loring Park


HIGHLIGHTS

  • 66-unit fully stabilized historic apartment community
  • Originally built 1893, renovated 2021
  • Studio and one-bedroom unit mix
  • High ceilings, large windows, modern finishes
  • Strong in-place rents, full occupancy
  • Walkable location near downtown Minneapolis | Access to transit, dining, parks, employers

OVERVIEW

Bowler Lofts offers the opportunity to acquire a fully stabilized, 66-unit historic apartment community in a highly walkable Minneapolis location. Originally built in 1893 and renovated in 2021, the property blends classic architectural character with modern interior finishes, featuring high ceilings, large windows, quartz countertops, stainless steel appliances, and updated fixtures. The unit mix consists of studios and one-bedroom apartments averaging 594 square feet, with strong in-place rents and full occupancy. Residents benefit from curated amenities including a lounge and coffee bar, dog run and pet wash, bike storage, controlled access, and package management. Situated near downtown Minneapolis, the property provides immediate access to major employment centers, public transit, dining, parks, and entertainment—positioning Bowler Lofts as a high-demand rental asset in a supply-constrained urban submarket.

FOR SALE DETAILS

PRICE

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# OF UNITS

66

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bowler Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

-

APN/PARCEL ID

27-029-24-22-0046

ASK ABOUT THIS PROPERTY

Robert DulinCushman & WakefieldMore Info
612-270-4730

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Robert DulinCushman & WakefieldMore Info
612-270-4730

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.