221-225 Cedar Ave S - Apartments FOR SALE


Minneapolis, MN 55454- Cedar-Riverside
$2,150,000 USD
612-263-9842
221-225 Cedar Ave S, Minneapolis, MN for Sale
$2,150,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

221-225 Cedar Ave S
Minneapolis, MN 55454
Cedar-Riverside


HIGHLIGHTS

  • Ten (10) apartment units above restaurant
  • Extraordinary location at Seven Corners, next to University of MN Law School and The Carlson School of Management
  • A phenomenal opportunity for hospitality owner/operator to supplement their investment with residential income

OVERVIEW

Asking Price: $2,150,000.00 20,064 SF Total [3-stories]. 4,911 SF Retail + 9,120 SF Multi-family, Built in 1900 w/ extensive upgrades annually.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$153 USD /SF

# OF UNITS

10

PRICE/UNIT

$215,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

C3A

APN/PARCEL ID

25-029-24-23-0075

ASK ABOUT THIS PROPERTY

Russ CrawfordTranswestern Real Estate ServicesMore Info
612-263-9842

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Russ CrawfordTranswestern Real Estate ServicesMore Info
612-263-9842

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