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Faits saillants de l'investissement
- Irreplaceable Uptown Minneapolis Location
- Built-In Rent Upside
- Needed Market-Rate Workforce Housing
- Day-One Cash Flow
- Grandfathered 4D Tax Classification
Résumé de l'annonce
Colliers is pleased to offer 1314 W 28th St, a 16-unit apartment community in the heart of Minneapolis' Uptown Chain of Lakes neighborhood. The property is 100% occupied with a diversified mix of studios through three bedrooms, averaging $1,102 per unit, approximately 7% below estimated market rents, offering immediate organic
upside without capital investment.
Located between Lyndale and Hennepin Avenues, the property benefits from strong neighborhood fundamentals, including walkability, proximity to Lake of the Isles and Bde Maka Ska, and direct access to the Midtown Greenway. While the broader Uptown market experienced troubles in the years following COVID, the area is showing clear signs of recovery with tightening vacancy, renewed retail and restaurant activity, and growing renter interest, Minneapolis ranked third nationally in renter demand entering 2026 per RentCafe, with apartment searches up 29% year-over-year.
The Twin Cities multifamily landscape continues to favor existing product, with new deliveries declining sharply to approximately 3,200 units in 2025, down from 26,000 over the prior three years. As naturally occurring workforce housing with rents accessible to essential workers, the property fills a critical gap where demand is deepest and
new construction cannot compete. The metro's diversified employment base, anchored by the second highest concentration of Fortune 500 headquarters per capita of any major U.S. metro, underpins durable long-term rental demand.
Offered unpriced, Colliers is seeking qualified investors for this stabilized, cash-flowing asset in an urban submarket with strong long-term positioning.
upside without capital investment.
Located between Lyndale and Hennepin Avenues, the property benefits from strong neighborhood fundamentals, including walkability, proximity to Lake of the Isles and Bde Maka Ska, and direct access to the Midtown Greenway. While the broader Uptown market experienced troubles in the years following COVID, the area is showing clear signs of recovery with tightening vacancy, renewed retail and restaurant activity, and growing renter interest, Minneapolis ranked third nationally in renter demand entering 2026 per RentCafe, with apartment searches up 29% year-over-year.
The Twin Cities multifamily landscape continues to favor existing product, with new deliveries declining sharply to approximately 3,200 units in 2025, down from 26,000 over the prior three years. As naturally occurring workforce housing with rents accessible to essential workers, the property fills a critical gap where demand is deepest and
new construction cannot compete. The metro's diversified employment base, anchored by the second highest concentration of Fortune 500 headquarters per capita of any major U.S. metro, underpins durable long-term rental demand.
Offered unpriced, Colliers is seeking qualified investors for this stabilized, cash-flowing asset in an urban submarket with strong long-term positioning.
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 0,27 AC |
| Nombre d’unités | 16 | Taille du bâtiment | 8 146 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 100% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction | 1972 |
| Classe d’immeuble | C | Ratio de stationnement | 2,46/1 000 pi² |
| Zonage | R6 | ||
| Type de vente | Investissement |
| Nombre d’unités | 16 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,27 AC |
| Taille du bâtiment | 8 146 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1972 |
| Ratio de stationnement | 2,46/1 000 pi² |
| Zonage | R6 |
Commodités
Commodités des unités
- Chauffage
- Cuisine
- Fourchette
Commodités du site
- Accès 24 heures
- Grill
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 4 | 1 218 $ CAD | - |
Exceptionnellement accessible à pied
90/100
Très bien adapté aux voitures
80/100
Transports en commun efficaces
80/100
Exceptionnellement accessible en vélo
90/100
Impôts fonciers
| Numéro de lot | 33-029-24-42-0237 | Évaluation des bâtiments | 1 705 339 $ CAD |
| Évaluation du terrain | 795 477 $ CAD | Évaluation totale | 2 500 816 $ CAD |
Impôts fonciers
Numéro de lot
33-029-24-42-0237
Évaluation du terrain
795 477 $ CAD
Évaluation des bâtiments
1 705 339 $ CAD
Évaluation totale
2 500 816 $ CAD
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1314 W Apartments | 1314 W 28th St
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