651-900-4386
22 E 22nd St, Minneapolis, MN for Sale
Apartments - FOR SALE
1/8
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22 E 22nd St
Minneapolis, MN 55404
Whittier


HIGHLIGHTS

  • Location – Steps from Minneapolis CBD, Eat Street, MCAD, and major transit
  • Opportunity – No RUBS in place, clear path to increase NOI and drive returns.
  • Fully Stabilized & High-Occupancy – With historically less than 3% vacancy

OVERVIEW

22 E 22nd St – A Whittier Multifamily Anchor Investment - Unbeatable addition to any portfolio or a great first footprint in the Twin Cities. Location – Steps from Minneapolis CBD, Eat Street, MCAD, and major transit Fully Updated Units – 75% of units extensively renovated with modernized kitchens & bathrooms, while the remaining 25% have been updated as turned, a well-maintained, low-maintenance asset. Opportunity – No RUBS in place, clear path to increase NOI and drive returns. Fully Stabilized & High-Occupancy – With historically less than 3% vacancy, this asset is always leased, an incredible investment in one of Minneapolis’ top rental markets. For financials and more information, please reach out to the listing team- Doug, Jake, MaryPat

FOR SALE DETAILS

PRICE

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# OF UNITS

94

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

22 E 22nd St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

1950

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

OR2

APN/PARCEL ID

34-029-24-12-0062

ASK ABOUT THIS PROPERTY

Doug McNicollMRG Realty PartnersMore Info
651-900-4386

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Doug McNicollMRG Realty PartnersMore Info
651-900-4386

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