2901 James Ave S - Apartments FOR SALE
Minneapolis, MN 55408 |
2901 James Ave S
Minneapolis, MN 55408
HIGHLIGHTS
- 2901 James Avenue South is a newly renovated 13-unit apartment community steps away from Lake Bde Maka Ska in Minneapolis, Minnesota.
- Currently 78.6% occupied, this property is being offered at an unprecendented cost-basis.
- Modernized units feature stainless steel appliances and hardwood floors.
- Located at the heart of the Minneapolis Chain of Lakes and near coffee shops, restaurants, and nightlife, offering residents exceptional walkability.
- The Twin Cities face a significant housing shortage, needing 76,000 additional units to meet current demand.
- This shortage makes Minnesota the third most housing-constrained state nationwide.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Renovated MF in Sought-After Lakes Area
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
14400
STORIES
3
YEAR BUILT
1914
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
33-029-24-34-0033
