General information: 4 - 12 unit apartment buildings. 2 1/2 story walk-up buildings, 24 2br & 24 1br. Current rents are $500-$575 (1br)and $625-$675(2BR). Currently 90% occupied. Built in 1962 off street parking 1+ per. Near bus line, blocks from Lake Phalen and min from downtown. Major rehab in 2005-2006, with additional funding from city possible.
It is important that we receive any pre-approval letters and/or financials before we will give out more information on a property. Please fax to 612-341-2227, and we will keep the information on file for future reference as well. We hope this will not offend anyone; we are trying to be efficient with your time and ours.
Thank you.
Investment property worksheet