XXX James Pky - Apartments FOR SALE


Elko New Market, MN 55020
$1,250,000 USD
612-250-1425

NO PHOTO

$1,250,000 USD
Apartments - FOR SALE
null | Request Cap Rate

XXX James Pky
Elko New Market, MN 55020


HIGHLIGHTS

  • Phase 3 of existing Multi-Family Development Ready to go, 36 units, ALL 3 Bedroom, 3 Bath, 2 Car and almost 2000 sq ft each.

OVERVIEW

Opportunity to own and take over the final phase or phases of a townhouse development. 36 units already mapped, blueprinted and approved [final phase(s)]. All 3 bedroom 3 bath units with about 2000sqft each. New Elementary School a couple block west on James Parkway. Check market for ANY New Construction Competition in a 10 mile radius. Potential to save several months and approvals on any other site. A walk on part, potential to have a Model up by Summer. See attached information for most questions or call for unanswered questions. Quick closing is possible. Send all offers and inquiries to Jeff Giacomini at jeff@resmn.com

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$13 USD /SF

# OF UNITS

36

PRICE/UNIT

$34,722

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2027

PARKING SPACES

-

LAND DETAILS

LAND ACRES

35 AC

LAND SF

1,524,600 SF

ZONING

Multi-Family, 206 4B(4) U

APN/PARCEL ID

8-085-001-0

ASK ABOUT THIS PROPERTY

Jeff GiacominiReal Estate SolutionsMore Info
612-250-1425

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Jeff GiacominiReal Estate SolutionsMore Info
612-250-1425

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