Log In/Sign Up
3026 W Lake St
Minneapolis, MN 55416
Lakeshore Arms Apartments · Multifamily Property For Sale
·
17 Units
Investment Highlights
- Significant value add potential through rent growth and increased occupancy
- Lakeshore Arms Apartments is located in one of the most desired apartment settings in all of Minneapolis with great access to nearby retailers.
- Brick building with masonry accents and ornate windows.
- The property is owned by the family of the original builder and has been meticulously maintained
- Lakeshore Arms Apartments will be located blocks from the new West Lake Street Light Rail Station that is currently under construction.
- Property is in excellent condition and still has room for improvement via cosmetic improvements
Property Facts
| No. Units | 17 | Lot Size | 0.49 AC |
| Property Type | Multifamily | Building Size | 11,564 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1931 |
| Building Class | C | Parking Ratio | 1.04/1,000 SF |
| Zoning | R6 | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 11,564 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | R6 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
Property Taxes
| Parcel Number | 32-029-24-43-0031 | Improvements Assessment | $1,047,800 |
| Land Assessment | $1,061,200 | Total Assessment | $2,109,000 |
Property Taxes
Parcel Number
32-029-24-43-0031
Land Assessment
$1,061,200
Improvements Assessment
$1,047,800
Total Assessment
$2,109,000
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
