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1804 16th Ave S

5 Unit Apartment Building Offered at $849,000 at a 8.3% Cap Rate in Minneapolis, MN

Highlights

  • Within an opportunity zone.

Investment Summary

Bring Offers. Opportunity Zone 5 unit apartment building w 4 BR each unit!! 20 total BR. New Roof Coating 2019. Great layouts, w galley style kitchen. Furnaces by unit, 5 new water heaters, storage, parking, easy to run low expenses great gross revenues and high NI.

The Offering

  • Listing ID: 17428622
  • Date Created: 10/11/2019
  • Last Updated:

Unit Mix Information

Description No. Units Avg. Rent/Mo Sq. Ft.
4+1 5 Negotiable 1,317

Amenities

Site Amenities

  • Laundry Facilities

Transit/Subway

Franklin Avenue Station
(Hiawatha Line)
11 min walk 0.5 mi
Cedar/Riverside Station
(Hiawatha Line)
19 min walk 0.9 mi

Commuter Rail

Target Field Station Commuter Rail (Northstar Corridor)
7 min drive 2.4 mi

Airport

Minneapolis–Saint Paul International Airport
20 min drive 9.4 mi
Walk Score ®
82
Very Walkable
Transit Score ®
75
Excellent Transit
Bike Score ®
97
Biker's Paradise
What is a Walk Score®, Transit Score® & BikeScore®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

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