This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Greenwood Apartment 12751-12771 Greenwood Dr

25 Unit Apartment Building $5,669,880 CAD ($226,795 CAD/Unit) 7.08% Cap Rate Burnsville, MN 55337

Investment Highlights

  • Prime investment opportunity in a rapidly growing suburban market.
  • Easy access to major highways, shopping centers, parks and schools.
  • Well-maintained units with consistent rental income and strong occupancy rates.

Executive Summary

The Greenwood Apartment in Burnsville, MN, offers a prime investment opportunity in a rapidly growing suburban market. This multifamily property features well-maintained units with consistent rental income and strong occupancy rates. Situated in a highly desirable location, the property provides easy access to major highways, shopping centers, parks, and schools, making it an attractive choice for tenants. With opportunities for value-add upgrades and market rent growth, this property presents significant potential for investors looking to maximize returns. Burnsville's thriving rental market and stable economy further enhance the appeal of this asset, ensuring long-term profitability and demand. Don't miss out on this exceptional investment opportunity!

Property Facts

Price $5,669,880 CAD
Price Per Unit $226,795 CAD
Sale Type Investment
Cap Rate 7.08%
No. Units 25
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 2.11 AC
Building Size 19,600 SF
No. Stories 2
Year Built 1985
Parking Ratio 1.93/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Patio

Site Amenities

  • Renters Insurance Program
  • Maintenance on site
  • Online Services

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 9 - 726
2+1 16 - 1,001

zoning

Zoning Code R-1 (Residential)
R-1 (Residential)
  • Listing ID: 33951299

  • Date on Market: 2024-11-21

  • Last Updated:

  • Address: 12751-12771 Greenwood Dr, Burnsville, MN 55337

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}