752 Southview Dr - Apartments FOR SALE


$999,950 USD
651-256-7404
752 Southview Dr, Anoka, MN for Sale
$999,950 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate


HIGHLIGHTS

  • Fully rented. 8 Units: Six - 2 bdrm, Two - 3 bdrm. Two levels
  • Interior & exterior in good condition. Mechanicals updated with new boiler in 2022 & 8 electric meters + 1 house meter
  • 7 garage stalls & on-street parking and on-site tenant storage lockers
  • Built in 1963, roof ~10 years old. R-1 zoning
  • Leases: month to month. Tenants pay electric. BELOW MARKET RENTS
  • Contact listing broker Mark Hulsey at mark@resultscommercial.com for rent roll & expenses and tour requests

OVERVIEW

- Fully rented. 8 Units: Six - 2 bdrm, Two - 3 bdrm. Two levels - 6,656 SF on 0.47 acres - Longtime ownership & caretaker - Interior & exterior in good condition. Mechanicals updated with new boiler in 2022 & 8 electric meters + 1 house meter - 7 garage stalls & on-street parking and on-site tenant storage lockers - Built in 1963, roof ~10 years old. R-1 zoning - 2 washers & 2 dryers: Seller owned - Leases: month to month. Tenants pay electric. BELOW MARKET RENTS - Strong rental location with easy access to schools, parks, and restaurants - Contact listing broker Mark Hulsey at mark@resultscommercial.com for rent roll & expenses and tour requests - 24 HOUR NOTICE REQUIRED for tours. Do not disturb tenants.

FOR SALE DETAILS

PRICE

$999,950 USD

PRICE/SF

$150 USD /SF

# OF UNITS

8

PRICE/UNIT

$124,994

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,360 SF

ZONING

R-1

APN/PARCEL ID

07-31-24-42-0017

ASK ABOUT THIS PROPERTY

Mark HulseyResults CommercialMore Info
651-256-7404

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Mark HulseyResults CommercialMore Info
651-256-7404

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