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North Minneapolis Portfolio 4 Multifamily Properties Offered at $3,650,000 in Minneapolis, MN
Investment Highlights
- Immediate Scale — rare opportunity to acquire 43 units across multiple locations with operational efficiency and income stability
- In-Place Cash Flow with Upside through continued rent growth and light value-add enhancements
- Strong North Minneapolis Submarket Fundamentals benefiting from ongoing revitalization efforts and public/private investment
- Portfolio anchor - with 4 different properties, this could become an anchor portfolio for someone looking to get into the North Minneapolis market
- Solid Historical Performance with proven rent collections and occupancy history
- Attractive Basis per Unit relative to replacement cost and competitive submarket pricing
Executive Summary
Kiser Group is pleased to exclusively present a rare opportunity to acquire a stabilized, cash-flowing 43-unit multifamily portfolio strategically positioned across four neighboring assets in the thriving North Minneapolis market. With strong in-place performance, immediate operational efficiencies, and compelling value-add upside, this offering represents an exceptional investment for both local and out-of-state buyers.
Property Facts
| Price | $3,650,000 | Number of Properties | 4 |
| Price / SF | $108.72 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 33,572 SF |
| Status | Active | Total Land Area | 1.00 AC |
| Price | $3,650,000 |
| Price / SF | $108.72 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 33,572 SF |
| Total Land Area | 1.00 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
801 N 21St Ave
801 N 21st Ave, Minneapolis, MN 55411 |
Multifamily | 12,932 SF | 1963 | - |
|
Golden Valley Apartments
2603 Golden Valley Rd, Minneapolis, MN 55411 |
Multifamily | 8,000 SF | 1955 | - |
| 3230 Penn Ave N, Minneapolis, MN 55412 | Multifamily | 6,393 SF | 1962 | - |
| 4055 Lyndale Ave N, Minneapolis, MN 55412 | Multifamily | 6,247 SF | 1963 | - |
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North Minneapolis Portfolio
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