Description
This Lake of the Isles—Uptown portfolio offers a rare investment opportunity in high demand areas of Minneapolis with strong demographics. The portfolio consists of six buildings and 51 apartments ranging in size from 700 to 1,330 sq. ft.
Built between 1908 to 1926, the rental properties, which offer studios through two bedrooms, have maintained original architectural styles and finishes. The properties have been well maintained and have undergone extensive capital improvements during the past ten years.
Examples of notable classic features & upgrades included in all or many of the buildings include: original woodwork, wood floors, sunrooms and built-in cabinets; new roofs, windows, water heaters, and boilers.
The six-building portfolio presents a stable investment opportunity with solid rental history. Property values in the area have continued to increase substantially during the past decade and these submarkets are expected to show continued strength.
Summary
2-3 Story Buildings
Built between 1908-1926
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N/A
2011 -
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N/Aacres
Garage + Off Street Parking
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