952-924-4654
313 Washington Ave S, Minneapolis, MN for Sale
Apartments - FOR SALE
1/70
null | Request Cap Rate

313 Washington Ave S
Minneapolis, MN 55415
Downtown East


HIGHLIGHTS

  • Strong Downtown Minneapolis Absorption and Rent Growth
  • Type 1 Basis Advantage
  • Located On Active Washington Avenue Mill District Corridor With Close Proximity To Major Employers
  • Fully Amenitized

OVERVIEW

CBRE, Inc, as exclusive advisor is pleased to present to qualified investors Cortland Mill District, a 318-unit apartment tower in the Mill District of downtown Minneapolis on the vibrant Washington Avenue corridor. Built in 2015 and located on the Minneapolis Skyway, this 13-story building features studios, one and two-bedroom apartments with upscale finishes. Cortland Mill District is within walking distance of popular restaurants, shops, parks, employment centers and the Mississippi Riverfront. The Government Plaza Light Rail Station is located just 3-blocks away. There is 10,343 square feet commercial space on the street level that is 100% occupied with tenured retailers. The property is being offered free and clear.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

318

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cortland Mills District

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

13

YEAR BUILT

2015

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

B4-1

APN/PARCEL ID

23-029-24-33-0032

ASK ABOUT THIS PROPERTY

Keith CollinsCBRE, Inc.More Info
952-924-4654

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

Keith CollinsCBRE, Inc.More Info
952-924-4654

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