612-270-4730
8216 W 31st St, Minneapolis, MN for Sale
Apartments - FOR SALE
1/6
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8216 W 31st St
Minneapolis, MN 55426


HIGHLIGHTS

  • Steps from Knollwood and Texa-Tonka shopping centers
  • Meticulously maintained by 3rd party management
  • Unit Renovations: 2022-2025
  • Average in-place rent ($1,212)
  • (5) 1-Bedrooms (12) 2-Bedrooms
  • 17 units

OVERVIEW

Kiser Group is pleased to present Aquila Flats, a prime investment opportunity in St Louis Park Minnesota which is a highly sought after first ring suburb of Minneapolis. Located in the vibrant "Texa - Tonka" neighborhood, Aquila flats is steps away from a variety of shops, restaurants, entertainment and recreational areas. The property has been meticulously maintained and renovated by professional 3rd party management over the last 3-years. The 17-unit multifamily building located at 8216 W 31st St. was originally built in 1962, and has been elegantly updated between 2022 - 2025, presenting an attractive option for discerning investors. With an ideal low-rise/garden configuration, the property boasts a blend of modern amenities and timeless appeal, creating an inviting living environment for residents. Featuring a sought-after location in the heart of St Louis Park, this property exemplifies the potential for strong returns and long-term value in the thriving submarket.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

17

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aquila Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1962

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

Commercial

APN/PARCEL ID

18-117-21-11-0042

ASK ABOUT THIS PROPERTY

Robert DulinCushman & WakefieldMore Info
612-270-4730

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Robert DulinCushman & WakefieldMore Info
612-270-4730

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.