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11 residential rental properties

11 Multifamily Properties Offered at $4,900,000 in Multiple Locations

Investment Highlights

  • All homes currently occupied with long-term tenants at above-market rents
  • Desirable suburbs just minutes from downtown Minneapolis/St. Paul, MSP Airport, Mall of America and more!

Executive Summary

Portfolio of 11 single family homes and town homes for sale. All currently occupied with long-term tenants at above-market rents. Homes are located in Lakeville and Burnsville - desirable suburbs just minutes from downtown Minneapolis/St. Paul, MSP Airport, Mall of America and more! Buyer may purchase entire package or choose just some.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $4,900,000
Price / SF $240.72 / SF
Cap Rate 5.18%
Sale Type Investment
Status Active
Number of Properties 11
Individually For Sale 0
Total Building Size 20,356 SF
Total Land Area 1.58 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
16360 Jamison Path, Lakeville, MN 55044 Multifamily 1,677 SF 2000 -
16586 Havelock Way, Lakeville, MN 55044 Multifamily 1,768 SF 1991 -
17397 Glacier Way, Lakeville, MN 55044 Multifamily 1,433 SF 2000 -
8351 Lower 208th St W, Lakeville, MN 55044 Multifamily 2,252 SF 1986 -
17367 Idlewood Way, Lakeville, MN 55044 Multifamily 2,170 SF 1992 -
16365 Jamison Path, Lakeville, MN 55044 Multifamily 1,638 SF 2000 -
13113 Irving Ave S, Burnsville, MN 55337 Multifamily 2,050 SF 1964 -
16342 Jamison Path, Lakeville, MN 55044 Multifamily 1,882 SF 2000 -
17240 Idlewood Way, Lakeville, MN 55044 Multifamily 1,764 SF 1991 -
10211 173rd St W, Lakeville, MN 55044 Multifamily 1,846 SF 1989 -
10531 166th St W, Lakeville, MN 55044 Multifamily 1,876 SF 1986 -
Show More > < Show Less
  • Listing ID: 31231573

  • Date on Market: 3/15/2024

  • Last Updated:

  • Address: 11 residential rental properties, Lakeville, MN

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