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Krystal Kourts 5930-5950 W Broadway Ave 36 Unité Immeuble d’appartements À vendre Minneapolis, MN 55428



Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- First time available in nearly 45 years, a true pride-of-ownership community in a high-demand Twin Cities suburb.
- Situated on 2.43 acres with abundant parking, across from Broadway Park and minutes from shopping, dining, and major retail corridor on Bass Lake Road
- 36-total units with an even split between one-bedroom and two-bedroom units
- Clear Loss-to-Lease Upside – Current rents average $1,003 per month, well below market comparables, providing immediate revenue potential.
- Low-cost basis with Value-Add potential
- New roofs on all three buildings and all garages
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap, as exclusive listing agent, is pleased to present Krystal Kourt Apartments, offered for sale for the first time in nearly 45 years. This 36-unit multifamily community is located in Crystal, Minnesota, and features an ideal unit mix of 18 one-bedroom and 18 two-bedroom residences. Built in 1966 and consistently well maintained, the property has benefited from continuous capital investment, including new roofs across all three buildings in 2025.
The spacious apartments average 825 square feet, with current rents of $1,003 per month, providing investors with a stable income stream and clear upside potential through future rent growth. Situated on a generous 2.43-acre site, the community offers 36 garage stalls and 31 surface parking spaces, ensuring ample resident parking.
Directly across from Broadway Park, residents enjoy immediate access to basketball courts, green space, and outdoor recreation, while the property’s layout and neighborhood setting foster a comfortable, community-oriented living environment. Less than a mile from the West Broadway retail corridor, Krystal Kourt combines the convenience of nearby shopping, dining, and entertainment with the feel of a residential neighborhood.
With its long-term ownership, prime location, recent capital improvements, and significant value-add potential, Krystal Kourt Apartments represents a rare and compelling multifamily investment opportunity in the Twin Cities market.
The spacious apartments average 825 square feet, with current rents of $1,003 per month, providing investors with a stable income stream and clear upside potential through future rent growth. Situated on a generous 2.43-acre site, the community offers 36 garage stalls and 31 surface parking spaces, ensuring ample resident parking.
Directly across from Broadway Park, residents enjoy immediate access to basketball courts, green space, and outdoor recreation, while the property’s layout and neighborhood setting foster a comfortable, community-oriented living environment. Less than a mile from the West Broadway retail corridor, Krystal Kourt combines the convenience of nearby shopping, dining, and entertainment with the feel of a residential neighborhood.
With its long-term ownership, prime location, recent capital improvements, and significant value-add potential, Krystal Kourt Apartments represents a rare and compelling multifamily investment opportunity in the Twin Cities market.
SALLE DE DONNÉES Cliquez ici pour accéder à
- Offering Memorandum
- Operating and Financials
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Taille du lot | 2,43 AC |
| Nombre d’unités | 36 | Taille du bâtiment | 23 456 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 94% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction | 1966 |
| Classe d’immeuble | C | Ratio de stationnement | 4/1 000 pi² |
| Type de vente | Investissement |
| Nombre d’unités | 36 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 2,43 AC |
| Taille du bâtiment | 23 456 pi² |
| Occupation moyenne | 94% |
| Nombre d’étages | 2 |
| Année de construction | 1966 |
| Ratio de stationnement | 4/1 000 pi² |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Laveuse/Sécheuse
- Chauffage
- Ventilateurs de plafond
- Cuisine
- Tapis
- Sans fumée
- Couvre-fenêtres
COMMODITÉS DU SITE
- Accès 24 heures
- Installations de lessive
- Clôturé
- Grill
- Service de lavage de vêtements
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| Studios | 8 | - | 550 |
| 1+1 | 18 | - | 700 |
| 2+1 | 10 | - | 900 |
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Impôts fonciers
| Numéro de lot | 05-118-21-24-0002 | Évaluation des bâtiments | 4 233 740 $ CAD |
| Évaluation du terrain | 758 030 $ CAD | Évaluation totale | 4 991 770 $ CAD |
Impôts fonciers
Numéro de lot
05-118-21-24-0002
Évaluation du terrain
758 030 $ CAD
Évaluation des bâtiments
4 233 740 $ CAD
Évaluation totale
4 991 770 $ CAD
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Présenté par
Krystal Kourts | 5930-5950 W Broadway Ave
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