Log In/Sign Up
Your email has been sent.
The Fairways Apartments at Edinburgh 8617 Edinbrook Xing 198 Unit Apartment Building For Sale Brooklyn Park, MN 55443
Investment Highlights
- Hwy 610 Med Tech Growth Corridor Location
- Serene Golf Course Setting
- Opportunity to Update Property Amenities
- Significant Renovations During Current Ownership Tenure
- Large Floor Plans - Avg. Unit Size 1,121 SF
Executive Summary
The Fairways at Edinburgh is a 198-unit apartment community overlooking Edinburgh USA Golf Course, located just south of the rapid growth Hwy 610 Med Tech Corridor in Brooklyn Park, MN. The property has undergone significant renovations over the past 10 years including complete unit renovations and common area updates. Opportunity exists to enhance/update property amenities and increase revenue. Built in 1992, Fairways boasts large average unit size of 1,121 sf and attractive unit mix with 70% 2 BR/2 BA. In addition, 48% of the units have golf course views and all have in unit washer/dryer.
Property Facts
| Sale Type | Investment | Lot Size | 11.31 AC |
| No. Units | 198 | Building Size | 340,676 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1992/2017 |
| Building Class | B | Parking Ratio | 0.36/1,000 SF |
| Zoning | PCDD | ||
| Sale Type | Investment |
| No. Units | 198 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 11.31 AC |
| Building Size | 340,676 SF |
| Average Occupancy | 94% |
| No. Stories | 4 |
| Year Built/Renovated | 1992/2017 |
| Parking Ratio | 0.36/1,000 SF |
| Zoning | PCDD |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- Security System
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Clubhouse
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Spa
- Breakfast/Coffee Concierge
- Disposal Chutes
- Grill
- Package Service
- Recycling
- Storage Space
- Elevator
- Lounge
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 469 |
| 1+1 | 36 | - | 805 - 870 |
| 2+2 | 132 | - | 1,072 - 1,346 |
| 3+2 | 27 | - | 1,488 - 1,590 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $34,099,700 | |
| Land Assessment | $2,999,200 | Total Assessment | $37,098,900 |
Property Taxes
Parcel Numbers
Land Assessment
$2,999,200
Improvements Assessment
$34,099,700
Total Assessment
$37,098,900
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
The Fairways Apartments at Edinburgh | 8617 Edinbrook Xing
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.