400 Marquette Ave | Minneapolis, MN 55401
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
400 Marquette Ave
Minneapolis, MN 55401
4Marq · Multifamily Property For Sale
·
261 Units
INVESTMENT HIGHLIGHTS
- Historic basis advantage
- Average rents below pre-pandemic rent levels
- Opportunity to buy Type 1 construction when economically irreplaceable in today's market
PROPERTY FACTS
| No. Units | 261 | Building Size | 278,527 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 30 |
| Apartment Style | Hi-Rise | Year Built | 2015 |
| Building Class | A | Parking Ratio | 0.75/1,000 SF |
| Lot Size | 0.36 AC | ||
| Zoning | B4-2 - Downtown Business District | ||
| No. Units | 261 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | A |
| Lot Size | 0.36 AC |
| Building Size | 278,527 SF |
| Average Occupancy | 96% |
| No. Stories | 30 |
| Year Built | 2015 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | B4-2 - Downtown Business District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Views
- Wi-Fi
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Business Center
- Clubhouse
- Fitness Center
- Property Manager on Site
- Grill
- Media Center/Movie Theatre
- Elevator
- Lounge
- Pet Washing Station
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 43 | - | 419 - 579 |
| 1+1 | 174 | - | 705 - 1,000 |
| 2+2 | 41 | - | 1,105 |
| 3+2 | 2 | - | 1,617 |
| 3+3 | 1 | - | 1,564 |
PROPERTY TAXES
| Parcel Number | 22-029-24-44-0094 | Improvements Assessment | $48,977,700 |
| Land Assessment | $4,007,300 | Total Assessment | $52,985,000 |
PROPERTY TAXES
Parcel Number
22-029-24-44-0094
Land Assessment
$4,007,300
Improvements Assessment
$48,977,700
Total Assessment
$52,985,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
