About
About Lamplighter Village
Cushman & Wakefield is pleased to present for sale, Lamplighter Village Apartments, a 150-unit multifamily property located in the bustling North End neighborhood just minutes north of downtown St. Paul.
The property is well-maintained and owned by the original developer. 29 of the 150 units are fully renovated with kitchens and bathrooms allowing future ownership to continue in-unit renovations and expand the rent growth potential as the units turn.
Lamplighter Village is ideally located close to McCarrons Park and just minutes away from Como Park with a wide variety of restaurants in walking distance. In addition, the property is close to the Mississippi River, major freeways, public transportation, and both St. Paul and Minneapolis’ Central Business Districts.
Lamplighter Village represents a prime opportunity to acquire a well-maintained asset with strong historical occupancy, using attractive debt options and the potential to significantly reduce property taxes through the St. Paul 4D Program.