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221-225 Cedar Ave S 10 Unit Apartment Building $2,975,751 CAD ($297,575 CAD/Unit) Minneapolis, MN 55454
Investment Highlights
- Ten (10) apartment units above restaurant
- A phenomenal opportunity for hospitality owner/operator to supplement their investment with residential income
- Extraordinary location at Seven Corners, next to University of MN Law School and The Carlson School of Management
Executive Summary
Asking Price: $2,150,000.00
20,064 SF Total [3-stories]. 4,911 SF Retail + 9,120 SF Multi-family, Built in 1900 w/ extensive upgrades annually.
20,064 SF Total [3-stories]. 4,911 SF Retail + 9,120 SF Multi-family, Built in 1900 w/ extensive upgrades annually.
Property Facts
| Price | $2,975,751 CAD | Building Class | C |
| Price Per Unit | $297,575 CAD | Lot Size | 0.66 AC |
| Sale Type | Investment | Building Size | 14,031 SF |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | C3A | ||
| Price | $2,975,751 CAD |
| Price Per Unit | $297,575 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.66 AC |
| Building Size | 14,031 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | C3A |
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Exceptionally walkable
90/100
Very drivable
80/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 25-029-24-23-0075 | Improvements Assessment | $2,916,526 CAD |
| Land Assessment | $130,591 CAD | Total Assessment | $3,047,117 CAD |
Property Taxes
Parcel Number
25-029-24-23-0075
Land Assessment
$130,591 CAD
Improvements Assessment
$2,916,526 CAD
Total Assessment
$3,047,117 CAD
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221-225 Cedar Ave S
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