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1424-1436 Case Ave
Saint Paul, MN 55106
Birmingham Heights · Multifamily Property For Sale
·
28 Units
Investment Highlights
- $1,607 AVERAGE MONTHLY RENT – VERY MINIMAL HISTORIC VACANCY
- PROJECTED END OF YR 1 CASH-ON-CASH RETURN OF 8.44%
- BALCONIES, STORAGE LOCKERS, AND LAUNDRY FACILITIES IN EACH BUILDING
- GOING-IN CAP RATE ESTIMATED AT 7.21%
- 28 THREE-BEDROOM/ ONE-BATHROOM APARTMENT HOMES & 24 GARAGES
- METAL ROOFS INSTALLED 2017 / 2018
Property Facts
| No. Units | 28 | Building Size | 28,672 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1983 |
| Building Class | C | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 2.04 AC | ||
| Zoning | RM-2 - Medium-Density Multiple-Family Residential | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.04 AC |
| Building Size | 28,672 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | RM-2 - Medium-Density Multiple-Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Storage Space
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 28 | $1,652 | 960 - 1,100 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,743,900 | |
| Land Assessment | $560,000 | Total Assessment | $3,303,900 |
Property Taxes
Parcel Numbers
Land Assessment
$560,000
Improvements Assessment
$2,743,900
Total Assessment
$3,303,900
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