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Investment Highlights
- Differentiated asset combining suburban comfort with urban proximity
- Premium rents supported by high-end finishes and layouts
- All-electric systems and solar reduce operating expenses | Modern construction minimizes near-term capital expenditures
- Broad renter appeal across lifestyle and demographic segments
- Strong Northeast Minneapolis demand with limited new supply
- Amenities and design drive higher tenant retention rates | 11 3-bed/2-bath units, 8 2-bed/2-bath units & 1 1bed/1bath unit
Executive Summary
The Pines Northeast presents a rare opportunity to acquire a highly curated, design-forward multifamily asset in the heart of Northeast Minneapolis—one of the Twin Cities’ most desirable and culturally vibrant submarkets.
Purpose-built to deliver a modern lifestyle experience, the property blends high-end interior finishes with a thoughtfully integrated community environment. Units feature quartz countertops, custom floor-to-ceiling tilework, large kitchen islands, and black stainless appliances—creating a level of finish more commonly found in for-sale product than traditional rental housing.
What truly differentiates The Pines is its intentional departure from the “urban concrete” model. The property is surrounded by true green space, mature trees, and a dedicated dog park—creating a unique residential atmosphere that prioritizes wellness, privacy, and livability while still being steps from the energy of Northeast Minneapolis.
Further enhancing its appeal, the asset incorporates forward-thinking infrastructure including an all-electric building design, solar-powered common areas, EV charging capabilities, and high-speed connectivity throughout—positioning it well for long-term tenant demand and operational efficiency.
Purpose-built to deliver a modern lifestyle experience, the property blends high-end interior finishes with a thoughtfully integrated community environment. Units feature quartz countertops, custom floor-to-ceiling tilework, large kitchen islands, and black stainless appliances—creating a level of finish more commonly found in for-sale product than traditional rental housing.
What truly differentiates The Pines is its intentional departure from the “urban concrete” model. The property is surrounded by true green space, mature trees, and a dedicated dog park—creating a unique residential atmosphere that prioritizes wellness, privacy, and livability while still being steps from the energy of Northeast Minneapolis.
Further enhancing its appeal, the asset incorporates forward-thinking infrastructure including an all-electric building design, solar-powered common areas, EV charging capabilities, and high-speed connectivity throughout—positioning it well for long-term tenant demand and operational efficiency.
Property Facts
| Sale Type | Investment | Building Class | A |
| No. Units | 20 | Lot Size | 0.48 AC |
| Property Type | Multifamily | Building Size | 25,053 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2020 |
| Zoning | R4 - Residential | ||
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 0.48 AC |
| Building Size | 25,053 SF |
| No. Stories | 3 |
| Year Built | 2020 |
| Zoning | R4 - Residential |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Microwave
- Kitchen
- Ice Maker
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Island Kitchen
- Patio
- Smoke Free
Site Amenities
- 24 Hour Access
- Courtyard
- Fitness Center
- Security System
- Video Patrol
- Pet Play Area
- Car Charging Station
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 532 |
| 2+1 | 8 | - | 1,643 |
| 3+2 | 11 | - | 1,375 |
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Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 13-029-24-34-0050 | Improvements Assessment | $4,571,800 |
| Land Assessment | $247,200 | Total Assessment | $4,819,000 |
Property Taxes
Parcel Number
13-029-24-34-0050
Land Assessment
$247,200
Improvements Assessment
$4,571,800
Total Assessment
$4,819,000
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The Pines Northeast | 907 Winter St NE
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