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Powderhorn Park Portfolio

27 Units
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About Powderhorn Park Portfolio

Cushman & Wakefield is pleased to present for sale, the Powderhorn Park Portfolio, which consists of 2-properties and 27-units located in the vibrant South Minneapolis neighborhood of Powderhorn Park.

The properties have been well-maintained by a highly respected local owner-operator. The current average in-place rents are over 20% below market (in their current condition). We also anticipate the new owner will implement RUBS (Ratio Utility Billing System), which would add $80/month to the base rental rate.

The assets are located in one of the most up and coming submarkets in South Minneapolis, minutes from Downtown Minneapolis, Uptown, Lyn-Lake, Eat Street, Lake Harriet and steps to Powderhorn Park.

13th Ave is now under contract. 18th Ave is still available. Please contact a broker to schedule a tour.