2750 Euclid Ave - Apartments FOR SALE


$850,000 USD
651-370-9026
2750 Euclid Ave, Anoka, MN for Sale
$850,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate


OVERVIEW

INCREDIBLE SELLER FINANCING OPPORTUNITY! This 4-unit multifamily property at 2750 Euclid Ave features exceptional owner financing with contract for deed or interest-only terms at just 1-4% rates, as little as 10% down, and up to 10 years - making this high-value asset accessible with outstanding cash-on-cash returns. The property (3 two-bedroom units and 1 one-bedroom unit) offers immediate value-add potential with a projected 44% NOI increase to $49,463 through RUBS implementation and rent optimization. The top two floors featuring two-bedroom units have been stunningly redone, while the property benefits from Anoka's stable rental market, the city's $150 million capital improvement program (2024-2028), and active nearby development. At $850,000 with these extraordinary financing terms, this turnkey asset transforms from a premium-priced property into a cash flow goldmine for savvy investors who can leverage the seller's flexible financing to maximize their investment potential. Don't miss this rare combination of seller financing and value-add upside in a proven market! Rent: 1350,1350,1300,1050

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

4

PRICE/UNIT

$212,500

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

B-1

APN/PARCEL ID

01-31-25-22-0070

ASK ABOUT THIS PROPERTY

David KampmeyerGrant Johnson GroupMore Info
651-370-9026

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David KampmeyerGrant Johnson GroupMore Info
651-370-9026

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