1524 Lasalle Ave - Apartments FOR SALE
Minneapolis, MN 55403 |
1524 Lasalle Ave
Minneapolis, MN 55403
HIGHLIGHTS
- 1524 LaSalle is an elegantly renovated 26-unit apartment building located in the Loring Park neighborhood of Minneapolis, Minnesota.
- Currently 69.2% occupied, this property is being offered at an unprecedented cost-basis.
- Renovated units feature stainless steel appliances, hardwood floors, and quartz countertops.
- 1524 LaSalle is located adjacent to numerous restaurants, coffee shops, and stores, and is less than a 10-minute walk to the heart of downtown.
- The Twin Cities face a significant housing shortage, needing 76,000 additional units to meet current demand.
- This shortage makes Minnesota the third most housing-constrained state nationwide.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Multifamily in Popular Downtown Neighborhood
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
23000
STORIES
3
YEAR BUILT
1919
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
27-029-24-31-0089,28-029-24-43-0052
