651-398-0291
2719 Park Ave, Minneapolis, MN for Sale
Apartments - FOR SALE
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2719 Park Ave
Minneapolis, MN 55407
Midtown Minneapolis


HIGHLIGHTS

  • Stabilized 21-Unit Community – 100% occupied with dependable in-place cash flow.
  • RUBS Program in Place – Utility reimbursement supports stronger operating margins.
  • 4D Tax Classification Potential – Opportunity for meaningful property tax savings.
  • Well-Maintained Interiors – Excellent unit condition
  • On-Site Laundry, Parking, Garages, Large front yard
  • Adjacent to Abbott Northwestern Hospital, the Allina Health campus, and Children's Minnesota

OVERVIEW

Visit Listing Homepage Here: https://2719parkave.sharplaunch.com/ 2719 Park is a fully stabilized classic multifamily apartment community consisting of 21 units, including twenty 1-bedroom units and one 2-bedroom unit. Ideally located within Minneapolis' premier healthcare corridor, the property is adjacent to Abbott Northwestern Hospital, the Allina Health campus, and Children's Minnesota, providing long-term demand from one of the Twin Cities' largest employment centers. The property is 100% occupied and features a RUBS (Ratio Utility Billing System) program already in place, on-site laundry, and well-maintained unit interiors. Additional value-add potential exists through 4D tax classification, which may provide meaningful property tax savings. For more info and to schedule a property tour please reach out to Rocco Curella - (651) 398-0291

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

21

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,674 SF

ZONING

OR2

APN/PARCEL ID

35-029-24-32-0202

ASK ABOUT THIS PROPERTY

Rocco CurellaMRG Realty PartnersMore Info
651-398-0291

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Rocco CurellaMRG Realty PartnersMore Info
651-398-0291

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