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BCP Portfolio 3 Multifamily Properties in Minneapolis, MN
INVESTMENT HIGHLIGHTS
- Ideal Location in Loring Park w/ Proximity to 160,000 Jobs Downtown
- Vintage Building with Unique Units & Community Amenities
- Light Value - Add Program & Ability to Add 9 Additional Units
- Strong Lease Renewals (Avg 5.1%)
- Over $3.1M in Capital Improvements
- Minneapolis 4D Program for Tax Savings
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present for sale, The BCP Portfolio, a 238-unit multifamily property portfolio Ideally located in the historically rich Loring Park area of downtown Minneapolis near Interstate 94.
The Buckingham - 128 Units
The Commodore - 40 Units
The Parkway - 70 Units
The Buckingham - 128 Units
The Commodore - 40 Units
The Parkway - 70 Units
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Under Contract | Total Building Size | 146,790 SF |
| Number of Properties | 3 | Total Land Area | 1.66 AC |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 146,790 SF |
| Total Land Area | 1.66 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Buckingham Apartments
1500 LaSalle Ave, Minneapolis, MN 55403 |
Multifamily | 74,532 SF | 1920 | - |
|
The Parkway
1501 Lasalle Ave, Minneapolis, MN 55403 |
Multifamily | 48,258 SF | 1919 | - |
|
Commodore Apartments
1417 LaSalle Ave, Minneapolis, MN 55403 |
Multifamily | 24,000 SF | 1920 | - |
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