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Shamrock Court Apartments 2236 Lower Afton Rd 147 Unit Apartment Building For Sale Saint Paul, MN 55119
INVESTMENT HIGHLIGHTS
- Well-cared for naturally occurring affordable living
- State of Minnesota 4D Program upside
- Nearby Woodbury retail trade area is second to none in the metro area
- Value-add opportunity exists
- Excellent east metro access to retail jobs and recreation
- Family friendly & connected
EXECUTIVE SUMMARY
Best & Final Offers Due
CBRE Minneapolis Multifamily team is pleased to present Shamrock Court - a well-cared for, 146-unit, naturally occurring affordable (NOA) property in a recreationally rich area of St Paul. Hwy 61 and I-94 are only minutes away providing easy access to numerous job centers in downtown St Paul and Woodbury, as well as the entire east metro and MSP airport corridor. Neighboring Battle Creek Regional Park affords residents ample outdoor recreation including a dog park, hiking, fishing, sports fields and a winter recreation center. In addition, seven other city parks, and the Mississippi River are within two miles of the property. A wonderful place to call home.
CBRE Minneapolis Multifamily team is pleased to present Shamrock Court - a well-cared for, 146-unit, naturally occurring affordable (NOA) property in a recreationally rich area of St Paul. Hwy 61 and I-94 are only minutes away providing easy access to numerous job centers in downtown St Paul and Woodbury, as well as the entire east metro and MSP airport corridor. Neighboring Battle Creek Regional Park affords residents ample outdoor recreation including a dog park, hiking, fishing, sports fields and a winter recreation center. In addition, seven other city parks, and the Mississippi River are within two miles of the property. A wonderful place to call home.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 5.64 AC |
| No. Units | 147 | Building Size | 122,920 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Sale Type | Investment |
| No. Units | 147 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 5.64 AC |
| Building Size | 122,920 SF |
| Average Occupancy | 99% |
| No. Stories | 3 |
| Year Built | 1978 |
| Parking Ratio | 1.34/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Disposal
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Views
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Gated
- Disposal Chutes
- Grill
- Laundry Service
- Recycling
- Maintenance on site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 64 | - | 720 |
| 2+1 | 51 | - | 840 |
| 3+1 | 32 | - | 980 |
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PROPERTY TAXES
| Parcel Number | 11-28-22-11-0003 | Improvements Assessment | $13,114,500 |
| Land Assessment | $2,940,000 | Total Assessment | $16,054,500 |
PROPERTY TAXES
Parcel Number
11-28-22-11-0003
Land Assessment
$2,940,000
Improvements Assessment
$13,114,500
Total Assessment
$16,054,500
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Shamrock Court Apartments | 2236 Lower Afton Rd
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