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7750 Silver Lake Rd 23 Unit Apartment Building Offered at $4,174,500 CAD at a 6.75% Cap Rate Mounds View, MN 55112
INVESTMENT HIGHLIGHTS
- Great location
- Recently remodeled
- Large units
EXECUTIVE SUMMARY
23 unit multi family. Strong rental history and location. Remodeled in 2022. Garages
PROPERTY FACTS
| Price | $4,174,500 CAD | Property Type | Multifamily |
| Price Per Unit | $181,500 CAD | Building Size | 24,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.75% | No. Stories | 3 |
| Gross Rent Multiplier | 24 | Year Built/Renovated | 1978/2022 |
| No. Units | 23 |
| Price | $4,174,500 CAD |
| Price Per Unit | $181,500 CAD |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Gross Rent Multiplier | 24 |
| No. Units | 23 |
| Property Type | Multifamily |
| Building Size | 24,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1978/2022 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | $1,600 CAD | 800 |
| 2+1 | 12 | $1,879 CAD | 900 |
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PROPERTY TAXES
| Parcel Number | 06-30-23-34-0099 | Improvements Assessment | $3,419,333 CAD |
| Land Assessment | $255,758 CAD | Total Assessment | $3,675,091 CAD |
PROPERTY TAXES
Parcel Number
06-30-23-34-0099
Land Assessment
$255,758 CAD
Improvements Assessment
$3,419,333 CAD
Total Assessment
$3,675,091 CAD
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Presented by
CF Management
7750 Silver Lake Rd
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