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CITY
Minneapolis, MN
UNITS
60
SALES PRICE
$4,500,000
DOWN PAYMENT
$900,000
TERMS
Cash or Submit
Highlights
  • Roof, windows, unit doors, and common area carpeting
  • Security cameras
  • Stucco exterior
  • Boiler fire system, water heaters & irrigation system
  • Onsite laundry equipment
  • Electric heating grid & circuit breakers
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Description

Uptown Plaza is a well designed and impeccably maintained apartment complex in the popular Uptown neighborhood of Minneapolis.  The property has been completely renovated within the past year both inside and out. 

This 60-unit brick and stucco building features second- and third-floor balconies, a front and back intercom system with surveillance cameras, an underground garage, and secured onsite parking.  The property resides on a nicely-landscaped corner lot surrounded by wrought iron fencing with brick pavers that lead to a large glass paneled front door entry. 

Each apartment offers spacious open floor plans with new laminate or neutral carpeting.  Large walk-in closets are also available in some units.  Kitchens are professionally designed with stainless steel appliances and sinks, built-in microwaves, ceramic flooring, and neutral colored cabinets and countertops with decorative stone or tile backsplashes. 

The property is located on the bus route in Uptown, a vibrant, urban neighborhood, with easy access to downtown and within blocks of the new Walker Art Center, upscale boutiques and bistros.

Summary
Property Type
Three-story building
Year Built
1968
Units / Rents

5 - Studio - ($550)

43 - 1 BR - ($645-805)

12 - 2 BR - ($825-960)

Heating & Air Conditioning

Gas fired hot water

Wall-mounted air conditioners

Laundry
7 washers & 7 dryers - owned
Assessed Market Value
$3,457,500
Real Estate Taxes
2008 - $56,197
Parcel Size
acres
Parking
28 underground & 30 secure onsite spaces
Roofs
New 2008 (EDP)
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405