1115 14th Ave SE | Minneapolis, MN 55414
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- LoopNet Team
1115 14th Ave SE
Minneapolis, MN 55414
SE Flats I · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Prime Investment Opportunity
- Property offers consistent rental income and significant potential for future appreciation
- 16 remodeled rental units
- Located in the heart of SE Minneapolis
- Located near the University of Minnesota
- Just minutes from major highways, downtown Minneapolis, and abundant local amenities
PROPERTY FACTS
| No. Units | 16 | Building Size | 9,563 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1970/2018 |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | R6 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 9,563 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2018 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | R6 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | - |
| 1+1 | 5 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 24-029-24-12-0002 | Improvements Assessment | $1,623,168 |
| Land Assessment | $261,660 | Total Assessment | $1,884,828 |
PROPERTY TAXES
Parcel Number
24-029-24-12-0002
Land Assessment
$261,660
Improvements Assessment
$1,623,168
Total Assessment
$1,884,828
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