1000 5th St SE | Minneapolis, MN 55414
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- LoopNet Team
1000 5th St SE
Minneapolis, MN 55414
Turnkey Value-Add Asset Situated at U of M · Multifamily Property For Sale
·
26 Units
Investment Highlights
- Recently renovated, 14,592-square-foot special-use/multi-family building equipped with 26 rooms and a 56-60 bed capacity in Minneapolis, MN.
- Excellent turnkey, value-add investment or owner/user opportunity in the heart of the University of Minnesota's dynamic and lively community.
- Flexible property with the ability to convert from communal-style housing to traditional multi-family building with over 21 units.
- Positioned in Dinkytown, just seven minutes from Downtown Minneapolis and a two-minute drive from major thoroughfare Interstate 35W.
- 1000 5th St SE is an ADA-compliant asset with additional FF&E available, including beds and appliances to purchase from the seller.
Property Facts
Property Taxes
| Parcel Number | 24-029-24-31-0034 | Improvements Assessment | $1,641,500 |
| Land Assessment | $458,500 | Total Assessment | $2,100,000 |
Property Taxes
Parcel Number
24-029-24-31-0034
Land Assessment
$458,500
Improvements Assessment
$1,641,500
Total Assessment
$2,100,000
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