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22 E 22nd St
Minneapolis, MN 55404
22 E 22nd St · Multifamily Property For Sale
·
94 Units
Investment Highlights
- Location – Steps from Minneapolis CBD, Eat Street, MCAD, and major transit
- Fully Stabilized & High-Occupancy – With historically less than 3% vacancy
- Opportunity – No RUBS in place, clear path to increase NOI and drive returns.
Property Facts
| No. Units | 94 | Building Size | 75,582 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 0.53/1,000 SF |
| Lot Size | 0.50 AC | ||
| Zoning | OR2 | ||
| No. Units | 94 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 75,582 SF |
| Average Occupancy | 97% |
| No. Stories | 7 |
| Year Built | 1950 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | OR2 |
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Views
- Carpet
- Office
- Patio
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Storage Space
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 46 | $1,000 | 322 - 500 |
| 1+1 | 48 | $1,250 | 700 |
Property Taxes
| Parcel Number | 34-029-24-12-0062 | Improvements Assessment | $7,601,600 |
| Land Assessment | $438,400 | Total Assessment | $8,040,000 |
Property Taxes
Parcel Number
34-029-24-12-0062
Land Assessment
$438,400
Improvements Assessment
$7,601,600
Total Assessment
$8,040,000
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