7000 Sandell Ave - Apartments FOR SALE


Edina, MN 55435
$4,000,000 USD
952-807-8475
7000 Sandell Ave, Edina, MN for Sale
$4,000,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

7000 Sandell Ave
Edina, MN 55435


OVERVIEW

Spectacular location, adjacent to the high-end Galleria shopping mall, Southdale Center mall and France Avenue. Active 18-unit condo building, with 1 acre of land, with redevelopment potential for a 60 unit, 4 story building. Currently 18 condo units, 18 detached garages, 3 laundry rooms, mailroom, large storage building, and community patio area. Listing real estate broker (acting as facilitator, is 1/2 owner of the building. Edina, Minnesota was recently names the number one suburb in the country by StorageCafe: https://www.islands.com/1995057/americas-number-one-suburb-edina-city-like-living-chic-walkable-just-outside-minneapolis/

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

18

PRICE/UNIT

$222,222

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7000 Sandell Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

31-028-24-11-0092

ASK ABOUT THIS PROPERTY

Michael FixFix RealtyMore Info
952-807-8475

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Michael FixFix RealtyMore Info
952-807-8475

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