2220 W 98th St | Bloomington, MN 55431
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- LoopNet Team
2220 W 98th St
Bloomington, MN 55431
Multifamily Property For Sale · 8 Units
Investment Highlights
- High Yielding; 5.89% Current Cap Rate | 6.16% Pro Forma Cap Rate | Non Rent Control City
- Large Three Bedroom - One Bathroom Units
- In-Unit Washer & Dryer | Dishwashers | Individual Furnaces | Individual AC | Individual Hot Water Heaters
- 7 of 8 Units Have Been Completely Renovated
- Separately Metered for Utilities
- New Roof in 2011 | New Garage Roof in 2014 | Newer Windows | Garage and Surface Parking | Private Communal Yard
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.74 AC |
| Property Type | Multifamily | Building Size | 9,112 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1972/2022 |
| Building Class | C | Parking Ratio | 1.65/1,000 SF |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 9,112 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2022 |
| Parking Ratio | 1.65/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 8 | $1,533 | 1,000 |
PROPERTY TAXES
| Parcel Number | 16-027-24-23-0013 | Improvements Assessment | $1,035,000 |
| Land Assessment | $160,000 | Total Assessment | $1,195,000 |
PROPERTY TAXES
Parcel Number
16-027-24-23-0013
Land Assessment
$160,000
Improvements Assessment
$1,035,000
Total Assessment
$1,195,000
zoning
| Zoning Code | Residential (Residential) |
| Residential (Residential) |
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