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CITY
Mounds View, MN
UNITS
113
SALES PRICE
$5,950,000
DOWN PAYMENT
$1,478,500
TERMS
Cash or Submit
Highlights
  • Controlled access
  • Oversized hallway closets
  • Newer  electric appliances
  • Tenant storage units
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Description

Woodlawn Terrace Apartments is an attractive three-story, seven building complex with brick and vinyl siding.  This creatively landscaped property offers spacious one- and two-bedroom units, and plenty of parking with 100 garage stalls and ample off street parking spaces.  The complex also features a rental office and maintenance shop adjacent to an outdoor pool enclosed with wrought iron fencing.  

Each apartment building is equipped with two double-paned glass security doors, brick and quarry tile entryways, wrought iron railings, and fully carpeted, well-lit hallways and stairs.  Bathrooms feature tile surrounds, vanities and tile floors.  Kitchens are appointed with all white appliances with vent hoods and stainless steel double sinks.  Laundry room and tenant storage is available in each building.

All of the apartments are spacious and light with large floor-to-ceiling closets in hallways and bedrooms.  Ceiling fans are installed in both dining areas and bedrooms.  Second and third-floor units feature sliding glass doors in the living rooms that open to balconies. 

The City of Mounds View, Minnesota has a population of 13,000 people and 130 successful businesses.  It is located at the juncture of Interstate 35W and State Highway 10, just ten miles from both Minneapolis and St. Paul.  Mounds View is known for its large, wooded residential lots.

Summary
Property Type
3-story brick
Year Built
1972
Units / Rents

30 - 1 BR - 785 sq. ft. ($599-$660)

83 - 2 BR - 975 sq. ft. ($699-$800)

Heating & Air Conditioning
Gas fired hot water
Wall units
Laundry
14 Washers / 14 Dryers (Leased - BDS)
Assessed Market Value
Real Estate Taxes
2010 - $103,790
Parcel Size
acres
Parking
100 garages/ample off street parking spaces
Roofs
Flat
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405