Southtown Apartments | 8133 Bloomington Fwy
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Southtown Apartments 8133 Bloomington Fwy
47 Unit Apartment Building $11,132,488 CAD ($236,861 CAD/Unit) Bloomington, MN 55420
Investment Highlights
- Great Location Off of 35W
- Under Ground Parking
- Party Room and Pool
Executive Summary
Southtown Apartments is a 47-unit low-rise style market-rate apartment. this building was built in 1964 and is situated on a 2.16-acre site.
Unique property characteristics are the property has 47 lower-level garage stalls and its location fronting along I-35W, the main highway running north/south through the Twin Cities, and recreational amenities such as an enclosed swimming pool and party room.
Contact listing Agents for NDA, once signed and returned we will provide financials. 48-hour notice for all tours.
Unique property characteristics are the property has 47 lower-level garage stalls and its location fronting along I-35W, the main highway running north/south through the Twin Cities, and recreational amenities such as an enclosed swimming pool and party room.
Contact listing Agents for NDA, once signed and returned we will provide financials. 48-hour notice for all tours.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$112,164
|
$1.86
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$112,164
|
$1.86
|
Financial Summary (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $112,164 |
| Annual Per SF | $1.86 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $112,164 |
| Annual Per SF | $1.86 |
Property Facts
| Price | $11,132,488 CAD | Building Class | C |
| Price Per Unit | $236,861 CAD | Lot Size | 2.16 AC |
| Sale Type | Investment | Building Size | 73,267 SF |
| No. Units | 47 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1964 |
| Apartment Style | Low Rise | Parking Ratio | 1.77/1,000 SF |
| Price | $11,132,488 CAD |
| Price Per Unit | $236,861 CAD |
| Sale Type | Investment |
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 2.16 AC |
| Building Size | 73,267 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.77/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Carpet
- Patio
Site Amenities
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 21 | - | 700 |
| 2+1 | 23 | - | 850 |
| 2+2 | 3 | - | 1,100 |
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PROPERTY TAXES
| Parcel Number | 04-027-24-13-0053 | Total Assessment | $7,665,391 CAD (2023) |
| Land Assessment | $1,455,868 CAD (2023) | Annual Taxes | $112,164 CAD ($1.53 CAD/SF) |
| Improvements Assessment | $6,209,523 CAD (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
04-027-24-13-0053
Land Assessment
$1,455,868 CAD (2023)
Improvements Assessment
$6,209,523 CAD (2023)
Total Assessment
$7,665,391 CAD (2023)
Annual Taxes
$112,164 CAD ($1.53 CAD/SF)
Tax Year
2024
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Southtown Apartments | 8133 Bloomington Fwy
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