6331-6425 Beard Ave N | Minneapolis, MN 55429
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- LoopNet Team
6331-6425 Beard Ave N
Minneapolis, MN 55429
The Avenue Apartments · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Turn-Key Investment poised for continued rent growth
- Recent Capital Improvements (New Roofs, Newer Windows, Updated Kitchens, and Updated Bathrooms (in select units)
- Convenient, Suburban Location
PROPERTY FACTS
| No. Units | 36 | Building Size | 38,667 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2014 |
| Building Class | C | Parking Ratio | 2.77/1,000 SF |
| Lot Size | 1.83 AC |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.83 AC |
| Building Size | 38,667 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1960/2014 |
| Parking Ratio | 2.77/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Maintenance on site
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | 500 - 549 |
| 1+1 | 26 | - | 765 - 781 |
| 2+1 | 5 | - | 845 - 852 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,860,000 | |
| Land Assessment | $465,000 | Total Assessment | $3,325,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$465,000
Improvements Assessment
$2,860,000
Total Assessment
$3,325,000
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