6455 Zane Ave N | Minneapolis, MN 55429
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- LoopNet Team
6455 Zane Ave N
Minneapolis, MN 55429
Eden Park Apartments · Multifamily Property For Sale
·
272 Units
INVESTMENT HIGHLIGHTS
- Professionally owned and managed asset offered at a low cost basis, significantly below replacement cost
- 570 total parking stalls, including 379 surface spaces and 191 garage stalls
- Spacious unit layouts averaging 949 square feet with a balanced mix of 1-, 2-, and 3-bedroom apartments
- Strategically located with immediate access to I-94 and I-694, just 15 minutes from downtown Minneapolis
- More than $950,000 in CapEx invested over the past 36 months, including renovated office, common areas, Amazon lockers, and boiler upgrades
- Robust amenity package including a pool, sundeck, fitness center, business center, BBQ area, and community garden
PROPERTY FACTS
| No. Units | 272 | Building Size | 308,367 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1.13/1,000 SF |
| Lot Size | 19.61 AC |
| No. Units | 272 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 19.61 AC |
| Building Size | 308,367 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1971 |
| Parking Ratio | 1.13/1,000 SF |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Storage Space
- Tile Floors
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Carpet
- Patio
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Gated
- Gameroom
- Laundry Service
- Trash Pickup - Door to Door
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 63 | - | 670 |
| 2+1 | 180 | - | 815 - 945 |
| 3+1 | 11 | - | 1,190 |
| 3+2 | 18 | - | 1,540 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $37,481,300 | |
| Land Assessment | $5,359,100 | Total Assessment | $42,840,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,359,100
Improvements Assessment
$37,481,300
Total Assessment
$42,840,400
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