Marshall Suites 1975-1977 Marshall Ave 16 Unit Apartment Building For Sale Saint Paul, MN 55104
INVESTMENT HIGHLIGHTS
- Situated within walking distance of the University of St. Thomas
- Trophy Asset - Built in 2019, this fully stabilized
- In-unit laundry, granite countertops, a fitness center, and heated underground parking
- low-maintenance property features 61 bedrooms, 16 fully furnished units
EXECUTIVE SUMMARY
MRG Realty Partners is pleased to present Marshall Suites, a fully stabilized trophy asset in the heart of Historic Merriam Park.
This exceptional property features 16 high-end units with 61 bedrooms, luxury amenities, and an unbeatable location just steps from the University of St. Thomas.
Contact our listing team today for pricing and more details.
This exceptional property features 16 high-end units with 61 bedrooms, luxury amenities, and an unbeatable location just steps from the University of St. Thomas.
Contact our listing team today for pricing and more details.
PROPERTY FACTS
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 16,000 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 2019 |
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Security System
- Hardwood Floors
- High Speed Internet Access
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Deck
- Dining Room
- Framed Mirrors
- Handrails
- Intercom
- Island Kitchen
- Smoke Free
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 3 | - | 1 - 900 |
| 4+2 | 11 | - | 1 - 1,130 |
| 4+3 | 1 | - | 1 - 1,370 |
| 4+4 | 1 | - | 1 - 1,800 |
Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 33-29-23-33-0117 | Improvements Assessment | $5,361,500 |
| Land Assessment | $320,000 | Total Assessment | $5,681,500 |
