Grand Pre East | 215 E County Road B2 E
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Grand Pre East 215 E County Road B2 E
251 Unit Apartment Building For Sale Little Canada, MN 55117
Investment Highlights
- Value-Add Opportunity
- Powerhouse Corporate Presence
- Debt Execution Advantages
- Rare In-Fill East Metro Location
- Attractive Site Attributes
Executive Summary
CBRE Minneapolis Multifamily is pleased to present Grand Pre East, a 251 unit apartment community in Little Canada, MN. Grand Pre East offers investors the opportunity to acquire a suburban asset connected to major transit corridors and nearby global employers. The interior unit finishes are ripe with value-add upside and opportunity exists to refresh the community amenities to create additional yield.
Little Canada is a unique suburban village totaling 4.48 square miles and tucked alongside other well-regarded suburbs with excellent proximity to the urban core. Nearby is a powerhouse corporate presence including Abbott Laboratories, Land O’Lakes, Medtronic, Boston Scientific, and Ecolab.
Grand Pre East is offered on a free and clear basis or by assuming the existing 3.46% loan with approximately $17.4 million balance that matures October '29.
Little Canada is a unique suburban village totaling 4.48 square miles and tucked alongside other well-regarded suburbs with excellent proximity to the urban core. Nearby is a powerhouse corporate presence including Abbott Laboratories, Land O’Lakes, Medtronic, Boston Scientific, and Ecolab.
Grand Pre East is offered on a free and clear basis or by assuming the existing 3.46% loan with approximately $17.4 million balance that matures October '29.
Property Facts
| Sale Type | Investment | Lot Size | 8.04 AC |
| No. Units | 251 | Building Size | 205,591 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1972/2008 |
| Building Class | B | Parking Ratio | 2.22/1,000 SF |
| Sale Type | Investment |
| No. Units | 251 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 8.04 AC |
| Building Size | 205,591 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2008 |
| Parking Ratio | 2.22/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Heating
- Security System
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Satellite TV
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Window Coverings
Site Amenities
- Controlled Access
- Courtyard
- Fitness Center
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Sauna
- Gameroom
- Grill
- Guest Apartment
- Package Service
- Storage Space
- Elevator
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 42 | - | 338 - 715 |
| 1+1 | 149 | - | 531 - 1,275 |
| 2+1 | 54 | - | 1,034 - 1,103 |
| 2+2 | 3 | - | 1,312 |
| 3+2 | 3 | - | 1,347 - 1,547 |
PROPERTY TAXES
| Parcel Number | 07-29-22-14-0128 | Improvements Assessment | $25,988,600 |
| Land Assessment | $5,020,000 | Total Assessment | $31,008,600 |
PROPERTY TAXES
Parcel Number
07-29-22-14-0128
Land Assessment
$5,020,000
Improvements Assessment
$25,988,600
Total Assessment
$31,008,600
-
Power Broker Abe Appert -
Power Broker Keith Collins -
Power Broker Ted Abramson -
CBRE, Inc.
Learn More About Investing in Apartment Buildings
1 of 30
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Grand Pre East | 215 E County Road B2 E
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.