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4417 University Ave NE
Columbia Heights, MN 55421
DRS Townhome Portfolio · Multifamily Property For Sale
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22 Units
PROPERTY FACTS
| No. Units | 22 | Building Size | 3,696 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.91/1,000 SF |
| Lot Size | 0.33 AC | ||
| Zoning | MF - MULTI-FAMILY | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 3,696 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 0.91/1,000 SF |
| Zoning | MF - MULTI-FAMILY |
ABOUT 4417 UNIVERSITY AVE NE , COLUMBIA HEIGHTS, MN 55421
CBRE is pleased to present a 22 unit townhome investment opportunity, DRS Townhomes, Located in Columbia Heights, Fridley and Mounds View. The DRS Townhome Portfolio consists of 6 properties and 22 units. The properties are located in suburban Minneapolis. The properties offer a favorable unit mix of two and three-bedroom townhome style units that have spacious and functional layouts and attached garage parking. The majority of buildings (5 of 6) were built after 1999, resulting in construction that is significantly newer than competing assets in these markets. These newer built townhomes are attractive to renters looking for a large home-like rental opportunity.
PROPERTY TAXES
| Parcel Number | 35-30-24-21-0217 | Improvements Assessment | $518,900 |
| Land Assessment | $132,800 | Total Assessment | $651,700 |
PROPERTY TAXES
