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CITY
Anoka, MN
UNITS
44
SALES PRICE
$3,000,000
DOWN PAYMENT
$750,000
TERMS
Cash or Submit
Highlights
  • Hip roofs
  • Intercom security system
  • Large closets in bedrooms and hallways

Call MBG at (952)465-3572 or (952)465-3576

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Description

Queens Lane Apartments is a four-building complex with 44 fully-occupied units located in Anoka Minnesota.   This well-designed property offers a nice mix of one- and two-bedroom units in addition to one three-bedroom unit and a studio apartment.

 

The complex is situated on an oversized lot, which includes a picnic and grilling area with a conveniently located play-lot adjacent to the grounds. The complex is impeccably maintained, both inside and out, and features an on-site rental office.  Laundry rooms are located on the main floors of each building, and each are equipped with two washers and dryers.

 

Apartment interiors are spacious and light with picture windows, and neutral décor throughout.  Kitchens include stainless steel double sinks, electric ranges and ample counter space.  All bathrooms include windows and are appointed with mirrored vanities, tub surrounds and ceramic tile floors.

 

Anoka is a historic river city of more than 18,000 people located at the confluence of the Rum and Mississippi Rivers.  The town is northwest of the Twin Cities, about 18 miles from Minneapolis and 25 miles from St. Paul, off U.S Highways 10 / 169 and State Highway 47.  Anoka’s Northstar light rail commuter station is conveniently located near its downtown business district and is in a prime redevelopment area.   

 

 

Summary
Property Type
4 -2 1/2-story buildings
Year Built
1964
Units / Rents

1            Studio                  $550

14          1 BR                    $588

28          2 BR                    $711

1            3 BR                    $925

Heating & Air Conditioning
Gas fired hot water
Window units
Laundry
8 Washers / 8 Dryers
Assessed Market Value
Real Estate Taxes
2007 - $41,320,00
Parcel Size
N/Aacres
Parking
58 Parking spaces
Roofs
HipRoof
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405