Stinson Apartments | 3826 Stinson Blvd NE
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Stinson Apartments 3826 Stinson Blvd NE
17 Unit Apartment Building For Sale Columbia Heights, MN 55421
Investment Highlights
- Value-Add Opportunity
- Supply-Constrained Submarket
- Excellent Connectivity Throughout the Metro
- Thriving Community Atmosphere
Executive Summary
Michel Commercial is pleased to present the Stinson Apartments, a 17-unit apartment building in Columbia Heights, Minnesota. The Stinson Apartments is comprised of one- and two-bedroom apartments with on-site laundry as well as garages (12) and off-street parking.
The Stinson Apartments is located in Columbia Heights, a first-ring suburb. The property is within walking distance of commercial hub, including Target and Menards. Stinson is 1.7 miles from central Columba Heights, including the iconic Heights Theater and the CH Metro Transit Center, and 6 miles from central Minneapolis. Residents enjoy easy to Interstates 35W and 94 and Minnesota State Highways 47 and 65.
The Stinson Apartments is an ideal value-add investment opportunity, with solid in-place income and substantial rental growth potential through interior upgrades. The property is well maintained and conveniently located in a submarket showing strong rent growth. With its comfortable apartments, proximity to urban amenities, and easy access to freeways, the Stinson Apartments presents an appealing investment opportunity and provides residents with a place they can proudly call “home.”
The Stinson Apartments is located in Columbia Heights, a first-ring suburb. The property is within walking distance of commercial hub, including Target and Menards. Stinson is 1.7 miles from central Columba Heights, including the iconic Heights Theater and the CH Metro Transit Center, and 6 miles from central Minneapolis. Residents enjoy easy to Interstates 35W and 94 and Minnesota State Highways 47 and 65.
The Stinson Apartments is an ideal value-add investment opportunity, with solid in-place income and substantial rental growth potential through interior upgrades. The property is well maintained and conveniently located in a submarket showing strong rent growth. With its comfortable apartments, proximity to urban amenities, and easy access to freeways, the Stinson Apartments presents an appealing investment opportunity and provides residents with a place they can proudly call “home.”
Property Facts Under Contract
| Sale Type | Investment | Lot Size | 0.65 AC |
| No. Units | 17 | Building Size | 8,900 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1964 |
| Apartment Style | Low Rise | Parking Ratio | 3.26/1,000 SF |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 8,900 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 3.26/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 36-30-24-44-0008 | Improvements Assessment | $2,069,200 CAD |
| Land Assessment | $450,680 CAD | Total Assessment | $2,519,880 CAD |
PROPERTY TAXES
Parcel Number
36-30-24-44-0008
Land Assessment
$450,680 CAD
Improvements Assessment
$2,069,200 CAD
Total Assessment
$2,519,880 CAD
Contacts
-
Heidi Addo -
Peter Michel -
Phil Reesnes -
Jesse Thurston -
Stacie Mugazia -
Michel Commercial Real Estate
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Stinson Apartments | 3826 Stinson Blvd NE
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