Located in the desirable Southwest Richfield submarket, this property offers excellent access to I-494 and I-35W, just minutes from the Mall of America and MSP Airport. Surrounded by retail, dining, and employment, the asset benefits from strong, consistent renter demand. The 21-unit property features primarily efficient one-bedroom layouts (~650 SF) with naturally affordable rents around $999+, catering to a stable workforce tenant base. Built in the 1960s, the asset presents a clear value-add opportunity through interior upgrades and operational improvements. Major capital items—including roof, windows, and water heaters—have already been completed, reducing near-term risk. With owner-paid utilities, RUBS potential, on-site laundry income, and a low-rise design, the property offers operational efficiency and long-term, recession-resistant stability.