The community is surrounded by beautiful green spaces, including the nearby Donaldson Park with its baseball diamonds, tennis courts, and open fields. Penn Avenue Apartments is a wonderful community in the popular city of Richfield, MN, just steps from the Best Buy Headquarters, making it a prime location for professionals. This property is comprised of 11 one-bedroom apartments. The property’s highly desirable location, well-maintained units, ample parking, and nearby amenities make it a truly unique opportunity to acquire a very well maintained, Pride of Ownership type asset, from the family of the original developer.įor the first time in the building’s history, Marcus & Millichap, as exclusive listing agent, is pleased to present the opportunity to acquire Penn Avenue Apartments, an 11-unit apartment community located at 7501 Penn Avenue S, in the city of Richfield. Residing on a lot size of 0.29 acres, 519 Apartments also feature ample off-street parking with approximately 20 off-street parking spaces, making parking a breeze for residents and guests.ĥ19 Apartments presents an excellent opportunity for investors interested in owning an asset in a prime Minneapolis location. The property is ideally situated on centrally located street with easy access to a wide range of amenities and attractions, including the nearby Mississippi River, the University of Minnesota, and a plethora of restaurants, cafes, shops, and entertainment options.īuilt in 1966, the property features a mix of one- and two- bedroom units, each of which have been very well maintained. 621 Apartments represents a truly unique opportunity to acquire a very well maintained, Pride of Ownership type asset, from the family of the original developer.įor the first time in the building’s history, Marcus & Millichap, as exclusive listing agent, is pleased to present the opportunity to acquire 519 Apartments, a 12-unit apartment community located at 519 10th Avenue SE, in the high barrier to entry riverside neighborhood of Saint Anthony Main/ Marcy-Holmes, Minneapolis.ĥ19 Apartments is a charming apartment community located in the highly desirable and exclusive Saint Anthony Main/Marcy-Holmes neighborhood, which is widely considered to be one of the most sought-after neighborhoods in Minneapolis. The desirable Saint Anthony Main/Marcy-Holmes location of 621 Apartments ensures a high demand for the units in the competitive Minneapolis rental market, making it a valuable opportunity for those seeking a well-maintained property in a sought-after neighborhood. The property features a mix of one- and two-bedroom units, with average scheduled rents of $1,056. The building provides a serene and welcoming atmosphere that features remarkably favored off-street and covered parking.Ħ21 Apartments were built in 1963 and reside on a lot size of 0.33 acres. Ridgewood Apartments represents a truly unique opportunity to acquire a very well maintained, Pride of Ownership type asset, from the family of the original developer.įor the first time in the building’s history, Marcus & Millichap, as exclusive listing agent, is pleased to present the opportunity to acquire 621 Apartments, a 20-unit apartment community located at 621 5th Avenue SE, in the high barrier to entry riverside neighborhood of Saint Anthony Main/ Marcy-Holmes, Minneapolis.īordering central Minneapolis from the North-East side and only blocks away from the Stone Arch Bridge and the University of Minnesota, 621 Apartments benefit from a high-demand location, as evidenced by its high in-place rents and historically high occupancy rate. With an average current scheduled rent at $950 per unit, Ridgewood should be well insulated from new construction rent prices with plenty of room to increase to market level.įor an investor, Ridgewood Apartments offer a centrally located, high-quality asset in a neighborhood known for its charm and architecture. Additionally, Ridgewood Apartments offer highly sought-after off-street and garage parking, providing residents with a valuable commodity in a bustling city. The property was built in 1965 and sits on a lot size of 0.36 acres. Residents of Ridgewood Apartments also enjoy convenient access to major highways and public transportation, making it easy to explore other parts of the city. Within walking distance of the property are the gardens and tennis courts at Loring Park, The Minneapolis Institute of Art, and a plethora of high-quality local dining options. Residing just over a mile outside central Minneapolis, Ridgewood Apartments boast locality to all the entertainment and excitement that Minneapolis has to offer. This property is comprised of 37 apartments: 24 studios and 13 one-bedroom units. For the first time in the building’s history, Marcus & Millichap, as exclusive listing agent, is pleased to present the opportunity to acquire Ridgewood Apartments located in the historic Stevens Square Neighborhood.
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