This Multifamily Property is no longer advertised on LoopNet.com.

721 Lake Susan Dr
Chanhassen, MN 55317
Gateway Place · Multifamily Property For Sale · 48 Units

Investment Highlights

  • Desirable unit mix
  • In-unit, full-size washer/dryer
  • Playground
  • Spacious units
  • Underground parking (included in rent)
  • Controlled access

Property Facts

No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 2.04 AC
Building Size 55,253 SF
Average Occupancy 85%
No. Stories 3
Year Built 2008
Parking Ratio 1.95/1,000 SF
Zoning Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Dining Room
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Playground
  • Property Manager on Site
  • Storage Space
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - 896
2+1 27 - 1,000 - 1,216
3+2 17 - 1,300 - 1,450

Property Taxes

Property Taxes

Parcel Number
25.2930020
Land Assessment
$844,900
Improvements Assessment
$4,885,500
Total Assessment
$5,730,400
  • Listing ID: 28305088

  • Date on Market: 4/24/2023

  • Last Updated:

  • Address: 721 Lake Susan Dr, Chanhassen, MN 55317

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