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7750 Silver Lake Rd 23 Unit Apartment Building Offered at $3,000,000 at a 6.75% Cap Rate Mounds View, MN 55112
INVESTMENT HIGHLIGHTS
- Great location
- Recently remodeled
- Large units
EXECUTIVE SUMMARY
23 unit multi family. Strong rental history and location. Remodeled in 2022. Garages
PROPERTY FACTS
| Price | $3,000,000 | Property Type | Multifamily |
| Price Per Unit | $130,435 | Building Size | 24,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.75% | No. Stories | 3 |
| Gross Rent Multiplier | 24 | Year Built/Renovated | 1978/2022 |
| No. Units | 23 |
| Price | $3,000,000 |
| Price Per Unit | $130,435 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Gross Rent Multiplier | 24 |
| No. Units | 23 |
| Property Type | Multifamily |
| Building Size | 24,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1978/2022 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | $1,150 | 800 |
| 2+1 | 12 | $1,350 | 900 |
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Presented by
CF Management
7750 Silver Lake Rd
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