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3000 S Highway 100
Saint Louis Park, MN 55416
Boulevard 100 · Multifamily Property For Sale
·
62 Units
Investment Highlights
- Original owner and developer; First time offered for sale in over 60 years
- Strong in-place rents averaging $1,206 with updated unit interiors and large average unit size 815 SF
- Excellent school district and close proximity to major employment including Target, General Mills, Cargill, and Medtronic
- Coveted 40-space heated underground garage plus 53 surface parking stalls
- Prime Saint Louis Park location with immediate access to Highway 100 and Minnetonka Blvd
- Amenity package includes rooftop deck, fitness center, and on-site management office
Property Facts
| No. Units | 62 | Building Size | 63,712 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 3.19/1,000 SF |
| Lot Size | 1.99 AC |
| No. Units | 62 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.99 AC |
| Building Size | 63,712 SF |
| Average Occupancy | 95% |
| No. Stories | 4 |
| Year Built | 1962 |
| Parking Ratio | 3.19/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Tile Floors
- High Speed Internet Access
- Refrigerator
- Range
- Wi-Fi
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- Clubhouse
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Gated
- Grill
- Laundry Service
- Package Service
- Recycling
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 500 |
| 1+1 | 44 | - | 600 - 750 |
| 2+1.5 | 13 | - | 985 |
| 3+2 | 3 | - | 1,440 - 1,880 |
Property Taxes
| Parcel Number | 06-028-24-22-0098 | Improvements Assessment | $6,807,000 |
| Land Assessment | $943,000 | Total Assessment | $7,750,000 |
Property Taxes
Parcel Number
06-028-24-22-0098
Land Assessment
$943,000
Improvements Assessment
$6,807,000
Total Assessment
$7,750,000
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