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Curve Crest Villas 2225 Orleans St W 90 Unit Apartment Building For Sale Stillwater, MN 55082



Investment Highlights
- Premier Intersection
- Abundant Walkable Retail
- High Barrier to Entry Market
- Strong Demographics
- 28 Years Remaining on Financing
Executive Summary
The property sits in premiere location within Stillwater. Residents enjoy immediate access to retail. The walkability to surrounding amenities make this suburban opportunity unique. The large units at 1,000 square feet make it much larger than the other newer vintage assets in the market.
Property Facts Under Contract
| Sale Type | Investment | Lot Size | 2.84 AC |
| No. Units | 90 | Building Size | 126,423 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2002 |
| Apartment Style | Low-Rise | Parking Ratio | 0.47/1,000 SF |
| Building Class | B | ||
| Zoning | RCH - 110 - Apartment | ||
| Sale Type | Investment |
| No. Units | 90 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.84 AC |
| Building Size | 126,423 SF |
| No. Stories | 3 |
| Year Built | 2002 |
| Parking Ratio | 0.47/1,000 SF |
| Zoning | RCH - 110 - Apartment |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Dining Room
- Wheelchair Accessible (Rooms)
Site Amenities
- Security System
- Car Wash Area
- Disposal Chutes
- Pet Play Area
- Elevator
- Multi Use Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 36 | - | 725 |
| 2+2 | 31 | - | 1,074 - 1,255 |
| 3+2 | 23 | - | 1,245 - 1,312 |
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Property Taxes
| Parcel Number | 32-030-20-31-0008 | Improvements Assessment | $12,789,400 |
| Land Assessment | $1,034,600 | Total Assessment | $13,824,000 |

