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7750 Silver Lake Rd - Silverview Estates 23 Unité Immeuble d’habitation offert À vendre Mounds View, MN 55112



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Faits saillants de l'investissement
- 23-unit multifamily community located in the established Mounds View submarket
- Long-term ownership of 26 years reflecting consistent care and stewardship
- Strong parking offering with 33 surface spaces and 16 garage stalls
- Balanced unit mix of 11 one-bedroom and 12 two-bedroom residences
- Comprehensive interior renovations completed four years ago, including LVP flooring, dark mahogany cabinetry, and stainless steel appliances
- Stable asset positioned for continued operational durability and longterm cash flow
Résumé de l'annonce
present the opportunity to acquire Silverview Estates, a multifamily property located in Mounds View, Minnesota.
The property is positioned within an established residential setting and benefits from convenient access to nearby parks and neighborhood amenities. Silverview Estates is within walking distance of Lakeside Lions Park, which offers a fishing pier, volleyball courts, and a baseball diamond along the shores of Spring Lake, enhancing the day-to-day appeal for residents.
Constructed in 1978, Silverview Estates is comprised of 23 residences, including 11 one-bedroom units and 12 two-bedroom units. The residences average approximately 852 square feet and currently achieve average rents of $1,247 per month, offering a balanced unit mix and an attainable rent profile for the submarket. The property is situated on a 1.33-acre site and features a strong parking offering with 33 surface parking spaces and 16 garage spaces, supporting tenant convenience and long-term leasing stability.
The property has been under the same ownership for 26 years and has been well maintained and thoughtfully cared for over that period. Four years ago, ownership completed comprehensive interior renovations, including the installation of LVP flooring, dark mahogany cabinetry, and stainless steel appliances. In addition, a whole-building water softener was added in recent years to support plumbing preservation. The combination of long-term ownership, completed upgrades, and a well-located Mounds View setting
positions Silverview Estates as a stable investment opportunity with continued durability and appeal.
The property is positioned within an established residential setting and benefits from convenient access to nearby parks and neighborhood amenities. Silverview Estates is within walking distance of Lakeside Lions Park, which offers a fishing pier, volleyball courts, and a baseball diamond along the shores of Spring Lake, enhancing the day-to-day appeal for residents.
Constructed in 1978, Silverview Estates is comprised of 23 residences, including 11 one-bedroom units and 12 two-bedroom units. The residences average approximately 852 square feet and currently achieve average rents of $1,247 per month, offering a balanced unit mix and an attainable rent profile for the submarket. The property is situated on a 1.33-acre site and features a strong parking offering with 33 surface parking spaces and 16 garage spaces, supporting tenant convenience and long-term leasing stability.
The property has been under the same ownership for 26 years and has been well maintained and thoughtfully cared for over that period. Four years ago, ownership completed comprehensive interior renovations, including the installation of LVP flooring, dark mahogany cabinetry, and stainless steel appliances. In addition, a whole-building water softener was added in recent years to support plumbing preservation. The combination of long-term ownership, completed upgrades, and a well-located Mounds View setting
positions Silverview Estates as a stable investment opportunity with continued durability and appeal.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
- Operating and Financials
Faits sur la propriété
| Type de vente | Investissement | Taille du bâtiment | 23 500 pi² |
| Nombre d’unités | 23 | Nombre d’étages | 3 |
| Type de propriété | Année de construction | 1978 | |
| Style d’appartement | Jardin |
| Type de vente | Investissement |
| Nombre d’unités | 23 |
| Type de propriété | |
| Style d’appartement | Jardin |
| Taille du bâtiment | 23 500 pi² |
| Nombre d’étages | 3 |
| Année de construction | 1978 |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 11 | - | 800 |
| 2+1 | 12 | - | 900 |
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Impôts fonciers
| Numéro de lot | 06-30-23-34-0099 | Évaluation des bâtiments | 3 369 352 $ CAD |
| Évaluation du terrain | 252 019 $ CAD | Évaluation totale | 3 621 371 $ CAD |
Impôts fonciers
Numéro de lot
06-30-23-34-0099
Évaluation du terrain
252 019 $ CAD
Évaluation des bâtiments
3 369 352 $ CAD
Évaluation totale
3 621 371 $ CAD
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7750 Silver Lake Rd - Silverview Estates
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