952-852-9700
1945 Oakdale Ave, West Saint Paul, MN for Sale
Apartments - FOR SALE
1/31
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1945 Oakdale Ave
West Saint Paul, MN 55118


HIGHLIGHTS

  • Premier location along Southview Country Club and Southview Park, with scenic views and direct access to the golf course, tennis courts and basketball
  • Attractive assumable financing in place at a 3.74% interest rate with approximately six years remaining and a $10.9 million loan balance
  • Oversized units - Averaging 1,146 SF — significantly larger than typical multifamily units
  • Extensive amenities-Including underground parking, indoor pool with sauna and hot tub, fitness center, elevators, BBQ area overlooking the golf course
  • Recent capital improvements include new roof, 72 balcony replacements, new boilers (2020 & 2025), and renovated common areas
  • Strong in-place rents averaging $1,472/month with a stable, lifestyle-oriented tenant base and limited comparable supply in the submarket

OVERVIEW

Marcus & Millichap is pleased to present the exclusive offering of Country Club Manor, a truly unique 105-unit multifamily community located in the heart of West Saint Paul, Minnesota. Nestled along the scenic Southview Country Club and adjacent to Southview Park, the property offers unparalleled views and direct access to tennis courts, basketball courts, and expansive green space. Originally constructed by the owner of the country club for his daughter, Country Club Manor is a legacy asset currently operating as a senior 55+ community. The serene, community-focused environment and suburban setting make it a sought-after residence for active seniors. The property spans 5.10 acres and features an ideal unit mix of 30 one-bedroom, 60 two-bedroom, and 15 three-bedroom apartments, with oversized floor plans averaging 1,146 square feet. Residences include large closets, private patios or balconies, dishwashers, and individually controlled central air conditioning. Community amenities are extensive and include heated underground and surface parking, elevators, an indoor pool with sauna and hot tub, a fitness center, and newly renovated common areas completed in 2025. An outdoor BBQ area overlooking the golf course adds to the property’s lifestyle appeal. Country Club Manor has benefited from significant capital improvements, including a new roof, 72 replaced balconies, new high-efficiency boilers (installed in 2020 and 2025), updated flooring in approximately 65% of the units, and comprehensive common area upgrades. In-place assumable financing adds further investment appeal, featuring an accretive interest rate of 3.74% with approximately six years remaining on the term and an outstanding balance of $10.9 million. With average scheduled rents of $1,472 per month and a thoughtfully curated amenity package tailored to its resident demographic, Country Club Manor presents a rare opportunity to acquire a stabilized, pride-of-ownership asset with attractive in-place cash flow in one of the Twin Cities’ most desirable suburban submarkets.

FOR SALE DETAILS

PRICE

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# OF UNITS

105

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Club Manor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

100

LAND DETAILS

LAND ACRES

5.1 AC

LAND SF

222,256 SF

ZONING

-

APN/PARCEL ID

42-02900-07-010

ASK ABOUT THIS PROPERTY

Abe RobertsMarcus & MillichapMore Info
952-852-9700

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Abe RobertsMarcus & MillichapMore Info
952-852-9700

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