1240 4th Ave E | Shakopee, MN 55379
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- LoopNet Team
1240 4th Ave E
Shakopee, MN 55379
Fourth Avenue Apartments · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- NEWER WINDOWS AND PATIO DOORS!!
- NEWER ROOF ON BUILDING AND GARAGES IN LAST 10 YEARS!!
- HUGE FRONT AND REAR ENTRANCES AND WIDE HALLWAYS!!
- UNITS ARE LARGE WITH EAT IN KITCHENS!!
- THREE SEPARATE LAUNDRY ROOMS!!
- HOT WATER BOILER (WEIL-MCLAIN), WATER HEATER, & WATER SOFTENER SYSTEM ALL REPLACED IN 2021!!
PROPERTY FACTS
| No. Units | 24 | Building Size | 24,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 3.18/1,000 SF |
| Lot Size | 1.38 AC | ||
| Zoning | Multi-Family - commercial/multi-family | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.38 AC |
| Building Size | 24,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1971 |
| Parking Ratio | 3.18/1,000 SF |
| Zoning | Multi-Family - commercial/multi-family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Range
- Carpet
- Patio
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Recycling
- Multi Use Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 23 | $1,255 | 975 |
| 1+1 | 1 | $1,100 | 850 |
PROPERTY TAXES
| Parcel Number | 27-906-017-0 | Improvements Assessment | $2,706,500 |
| Land Assessment | $360,000 | Total Assessment | $3,066,500 |
PROPERTY TAXES
Parcel Number
27-906-017-0
Land Assessment
$360,000
Improvements Assessment
$2,706,500
Total Assessment
$3,066,500
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