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924 21st Ave S 6 Unit Apartment Building $997,068 CAD ($166,178 CAD/Unit) 8.53% Cap Rate Minneapolis, MN 55404
Executive Summary
6 Unit Town-home Style Building minutes from Downtown Minneapolis! 4 units are two levels with balconies. Good Layouts. Off Street Parking. Public transportation is within walking distance to the building and located right south of 94W. The building is located near Augsburg, University of Minnesota, and numerous restaurants and sites ie: A Bar of Their Own, Pizza Luce and Cedar Cultural Center.
Property Facts
| Price | $997,068 CAD | Building Class | C |
| Price Per Unit | $166,178 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 4,800 SF |
| Cap Rate | 8.53% | No. Stories | 2 |
| No. Units | 6 | Year Built | 1972 |
| Property Type | Multifamily | Parking Ratio | 2.08/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome | ||
| Zoning | R-6, Minneapolis | ||
| Price | $997,068 CAD |
| Price Per Unit | $166,178 CAD |
| Sale Type | Investment |
| Cap Rate | 8.53% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,800 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.08/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-6, Minneapolis |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Controlled Access
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 25-029-24-33-0090 | Improvements Assessment | $699,481 CAD |
| Land Assessment | $180,448 CAD | Total Assessment | $879,930 CAD |
Property Taxes
Parcel Number
25-029-24-33-0090
Land Assessment
$180,448 CAD
Improvements Assessment
$699,481 CAD
Total Assessment
$879,930 CAD
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924 21st Ave S
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