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Dynasty Housing Network LLC

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Dynasty Housing Network LLC

PO Box 1778
Maple Grove, MN 55311
 (763) 265-3005
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Under Contract - XXXX Ave S., Minneapolis, MN 55407

Multiple Family

Property Status: Pending |  Pending: $2,200,000.00

18 Unit Multi Family Apartment in Minneapolis, MN - Off Market - Value Add Deal (Rents and Operations Management)

Property Details:
Property Style:
5+ Units
Year Built:
No Basement
Individual Owner

12 two bedrooms and 6 one bedrooms, 4 paying garages, 8 surface parking at no charge, Rubs utility - each tenant pays an extra $80 per month towards water, sewer, and gas, total income (2BRs is $12,720 a month, and 1BRs is $5,190 a month), rents are below market rate and could be raised an extra $100 to $200 per month after light renovations, self managed, 100% occupancy, light renovations of interior can add value - upgrade flooring and counter tops, near park, restaurants and shopping, roof is 10 years old, water hearter is 3 years old, boiler is operating well and tuned up each season, windows are 15 years old. Property tours are available as early as Wednesday, Sept. 15th and Friday, Sept. 17th.  Free and clear property. 

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