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8400 Minnetonka Boulevard Saint Louis Park, MN 55426 Listing ID: 6543961

Price: $5,250,000.00

Property Description

Fantastic 50-unit apartment property, which includes two 11-unit buildings, one 27-unit building and one SFH. The property is set on 1.74 acres and is adjacent to the Cedar Bike Trail. There has been significant development within a half mile of this property including the Texa-Tonka strip center and new apartment construction. There is an assumable loan with interest rate of 3.91% fixed to 2/2027.

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  • 1.740 Acres

Primary Features

County

Hennepin

School District

St. Louis Park

Year Built

1958

Age

67 yrs old

Style

Apartment

Property Type

Commercial Sale

Lot Size

75794

Acreage

1.74 acres

Property Taxes

$85,625

Additional Features

Basement

Crawl Space, Finished

Cooling

Wall Unit(s)

Driveway

Exterior

Brick/Stone, Stucco

Exterior Construction

Foundation

18000.00

Fuel Source

Natural Gas

Heating

Boiler, Hot Water, Radiator(s)

Section

07

Service Amps

Sewer

City Sewer/Connected

Subdivision

Trailway Apartments

Tax Year

2024

Terrain

Utilities

Electric Separate

Water

City Water/Connected

Water Heater

Zoning

Residential-Multi-Family

Includes

Range, Refrigerator, Building, Land, Leases

Directions

Utilize Google Maps for Waze and input the property address.

Listing Agency

Listing courtesy of
Manarola Llc
(612) 445-0106

Broker Compensation (view terms): 2.40%

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