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Displaying results 1-24 of 65

Cushman & Wakefield is pleased to present for sale, English Street Apartments (the “Property”), a 34-unit value-add multifamily opportunity in the Dayton’s Bluff neighborhood of St. Paul, Minnesota’s state capital.

The Property is centrally located off Interstate 94 on the east side of the Mississippi River in the southeast part of the city just minutes from Downtown St. Paul. The Property has access to major freeways, plenty of shops, restaurants, parks, and local businesses nearby as well as major employment centers in both Downtown St. Paul and Downtown Minneapolis.

English Street Apartments have been well-maintained, can be acquired at a significant discount to replacement cost, and offer an investor the opportunity to implement a value-add program. In addition, future ownership has the option to enter the 4d Affordable Housing Incentive Program which offers rental owners one-time administrative grant assistance as well as 10-year qualification to the “4d” property tax classification for rental units preserved for low/moderate-income households for that same period. This 4d, or “low income rental” classification (“LIRC”) provides for up to a 40% reduction in those 4d units’ assessed rate assessed to the portion of units committed to 4d preservation.

For loan quotes, contact a Greystone Team Member:

Kyle Jemtrud
Managing Director | Greystone
561.601.4500
kyle.jemtrud@greyco.com

Wilson Molitor
Relationship Manager | Greystone
920.740.4434
wilson.molitor@greyco.com

English Street Apartments

458 English Street
St. Paul, MN 55106

Type: Multifamily

Closed: 10/12/2023

Cushman & Wakefield is pleased to present for sale, 2424 4th Street NE, a 12-unit multifamily property located in the trendy Northeast Minneapolis Neighborhood.

The property offers direct access to an eclectic mix of hip bars and eateries, breweries, and coffee shops as well as recreational amenities at the Mississippi riverfront and Boom Island with close proximity to Target Field, Target Center, U.S. Bank Stadium, the Theater District, and the Central Business District.

Current ownership has completed extensive renovations of both exterior and interior elements over the last several years. All units are “best-in-class” and feature new cabinets, granite countertops, subway tile backsplash, LVT flooring as well as full bathroom remodels that include new tubs, tile, vanity, toilets, and lighting.

2424 4th Street NE

2424 4th Street NE
Minneapolis, MN 55418

Type: Multifamily

Closed: 10/9/2023

3146 Calhoun Blvd W
Minneapolis, MN 55416

Closed: 9/29/2023

113 E 26th Street
Minneapolis, MN 55404

Closed: 6/1/2023

Cushman & Wakefield is pleased to present for sale, 1220 Sylvan Street Apartments, a 17-unit Multifamily asset located in the North of Maryland/North End neighborhood of St. Paul, Minnesota’s state capital.

The property is located just off Interstate 35E and minutes from Como Park, home to the Como Zoo and Conservatory, with convenient access to both Downtown St. Paul (2.5 miles) and Downtown Minneapolis (11 miles).

The property is currently 100% occupied, sees low turnover, has strong, consistent cash flow, and provides a lucrative value-add opportunity for the next investor to complete a light unit-interior renovation and other common area/exterior renovations.

1220 Sylvan Street is available on an “as-is” basis and is being offered without a formal asking price. Upon receipt of a signed Confidentiality Agreement, investors will be provided with access to due diligence materials via The Multifamily System website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a “Call for Offers”.

1220 Sylvan Street Apartments

1220 Sylvan Street
St. Paul, MN 55117

Type: Multifamily

Closed: 1/30/2023

Cushman & Wakefield is pleased to present for sale, Charles Street Manor, a 36-unit value-add opportunity in the “first ring” suburb of Fridley Minnesota. The property consists of (3) 12-unit properties located directly adjacent to each other at 101, 179 & 180 Charles Street NE.

The properties are situated just North of 694 on the corner of East River Road and Charles Avenue. The location is just east of the Mississippi River and steps from Chase island that includes numerous walking trails and picturesque views of the River. The property is also located just 10-minutes north of downtown Minneapolis and its proximity to both interstate 694/Interstate 94 allows quick access to anywhere in the metro.

Charles Street Manor has been significantly upgraded over the last 18 months with 18 of the 36 units being renovated with granite countertops, new cabinets, appliances, bathrooms and LVT flooring throughout. The asset is offered free and clear of existing financing. Tours are now being scheduled. Please contact Robert Dulin directly to set up a tour, which will be scheduled by appointment only.

Charles Street Manor Apartments

101, 179, 180 Charles Street NE
Fridley, MN 55432

Type: Multifamily

Closed: 1/9/2023

Cushman & Wakefield is pleased to present for sale, 3412 Bloomington Ave Apartments, an 18-unit Multifamily property in Minneapolis.

Centrally located in the heart of South Minneapolis, just off of Interstate 35W and steps from the recently renovated Powderhorn Park, the property’s prime position gives residents easy access to everything. The property is located minutes from downtown Minneapolis, Uptown, Lyn-Lake, Eat Street, Lake Harriet, Lake Calhoun , Midtown, and Lake Nokomis. The property is also steps from locally acclaimed restaurants including Matt’s Bar and Grill, Chatterbox Pub, and Reverie Café + Bar.

The property has been professionally managed and meticulously maintained over their years of ownership. The in-place average rents are $870 (1-bed) and $1,030 (2-bed) which are both significantly below market and prime for a light, in-unit renovation plan. The asset is offered free and clear of existing financing.

Please contact Robert Dulin directly to set up a tour, which will be scheduled by appointment only.

3412 Bloomington Ave Apartments

3412 Bloomington Avenue
Minneapolis, MN 55407

Type: Multifamily

Closed: 7/13/2022

Cushman & Wakefield is pleased to present for sale, MN46 Apartments, a 54-unit luxury Multifamily development in the Hiawatha neighborhood of Minneapolis. MN46 sits in an “urban oasis” with phenomenal access to Minnehaha Regional Park, biking trails, shopping in Highland Park, the Hiawatha LRT Line, award-winning restaurants, and the MSP International Airport. The property boasts high end finishes and modern design with rents that are only slightly higher than renovated Class C buildings nearby.

Completed in 2020, MN46 was a finalist for “Best Urban Neighborhood Project” by The Minnesota Real Estate Journal. The project features expansive floor-to-ceiling windows, architecturally unique floorplans, stainless steel appliances, quartz countertops, in-unit washer and dryer, and custom cabinets. In addition, the property has two retail spaces on the first floor totaling 1,791 square feet. The immediate neighborhood is an urbanite’s paradise with diverse shopping, restaurants, grocery, coffee shops, and walking/bike paths.

MN46 offers investors the opportunity to acquire a trophy-quality asset in a flourishing Minneapolis neighborhood. The building delivered strong lease-up results during the summer and fall of 2020 and additional upside exists for new ownership upon lease renewal and unit turnovers. The Hiawatha neighborhood is attracting renters from around the metro and the neighborhood’s destination status is in the early stages of ascent that will continue to reward investors with increased neighborhood activity and a higher density of amenities.

MN46 Apartments

4561 Minnehaha Ave
Minneapolis, MN 55406

Type: Multifamily

Closed: 6/3/2022

Cushman & Wakefield is pleased to present for sale, Sawyer & Huck, a 49-unit luxury Multifamily development in the St. Anthony West area of the trendy Northeast Minneapolis Neighborhood.

Recently completed in June 2021, Sawyer & Huck offers residents access to a best-in-class amenity package and high-end finishes throughout the property. The property opened at 50% pre-leased and currently sits at 100% occupied, which is a true testament to the unrivaled design and location of the asset.

Located on a quaint street in St. Anthony West/Northeast Minneapolis, Sawyer & Huck offers direct access to an eclectic mix of hip bars and eateries, breweries, and coffee shops as well as recreational amenities at the Mississippi riverfront and Boom Island with close proximity to Target Field, Target Center, U.S. Bank Stadium, the Theater District, and the Central Business District.

Sawyer & Huck is a unique opportunity to acquire a newly constructed, best-in-class Multifamily asset in a desirable community whose construction quality and level of finishes will stand the test of time.

In addition to the stabilized asset, an investor has the opportunity to purchase the fully-entitled, 84-unit multifamily development site adjacent to Sawyer & Huck. The 27,439-square-foot site is located on two adjacent parcels directly next door to Sawyer & Huck. The fully-approved project is primed and ready to begin construction in March 2022 with a delivery in Spring 2023. Please see the Offering Memorandum Supplement for details.

338 NE 2nd Street
Minneapolis, MN 55413

Closed: 4/22/2022

Cushman & Wakefield is pleased to present for sale, The Minnehaha Portfolio, a 45-unit recently renovated opportunity in the vibrant neighborhood of Longfellow in South Minneapolis. The portfolio consists of The Miro (11-units), The Moline (17-units) and Coliseum Apartments (17-units) all conveniently located next to each other at 3140, 3146 and 3211 Minnehaha Avenue.

The properties are situated on the corner of Minnehaha Ave and 32nd Street in a quiet, residential setting of Minneapolis. The Minnehaha Portfolio is located steps from the Lake Street - Midtown Light rail station with easy access to downtown Minneapolis. The properties prime location gives residents easy access to everything including the Mississippi River, Minnehaha Falls and numerous parks/trails. Located in the thriving Longfellow neighborhood, the property is steps from Target, Cub Foods, Aldi and numerous locally owned restaurants, cafes and breweries.

The Minnehaha Portfolio has been significantly upgraded over the last eight years with 43 out of the 45 units across the portfolio being renovated and all of the immediate capital items being addressed.

Minnehaha Portfolio (3 properties, 45 units)

3211 Minnehaha Ave
Minneapolis, MN 55406

Type: Multifamily

Closed: 11/10/2021

Cushman & Wakefield is pleased to present for sale, The Minnehaha Portfolio, a 45-unit recently renovated opportunity in the vibrant neighborhood of Longfellow in South Minneapolis. The portfolio consists of The Miro (11-units), The Moline (17-units) and Coliseum Apartments (17-units) all conveniently located next to each other at 3140, 3146 and 3211 Minnehaha Avenue.

The properties are situated on the corner of Minnehaha Ave and 32nd Street in a quiet, residential setting of Minneapolis. The Minnehaha Portfolio is located steps from the Lake Street - Midtown Light rail station with easy access to downtown Minneapolis. The properties prime location gives residents easy access to everything including the Mississippi River, Minnehaha Falls and numerous parks/trails. Located in the thriving Longfellow neighborhood, the property is steps from Target, Cub Foods, Aldi and numerous locally owned restaurants, cafes and breweries.

The Minnehaha Portfolio has been significantly upgraded over the last eight years with 43 out of the 45 units across the portfolio being renovated and all of the immediate capital items being addressed.

Minnehaha Portfolio (3 properties, 45 units)

3140 Minnehaha Ave
Minneapolis, MN 55406

Type: Multifamily

Closed: 11/10/2021

Cushman & Wakefield is pleased to present for sale, The Minnehaha Portfolio, a 45-unit recently renovated opportunity in the vibrant neighborhood of Longfellow in South Minneapolis. The portfolio consists of The Miro (11-units), The Moline (17-units) and Coliseum Apartments (17-units) all conveniently located next to each other at 3140, 3146 and 3211 Minnehaha Avenue.

The properties are situated on the corner of Minnehaha Ave and 32nd Street in a quiet, residential setting of Minneapolis. The Minnehaha Portfolio is located steps from the Lake Street - Midtown Light rail station with easy access to downtown Minneapolis. The properties prime location gives residents easy access to everything including the Mississippi River, Minnehaha Falls and numerous parks/trails. Located in the thriving Longfellow neighborhood, the property is steps from Target, Cub Foods, Aldi and numerous locally owned restaurants, cafes and breweries.

The Minnehaha Portfolio has been significantly upgraded over the last eight years with 43 out of the 45 units across the portfolio being renovated and all of the immediate capital items being addressed.

Minnehaha Portfolio (3 properties, 45 units)

3146 Minnehaha Ave
Minneapolis, MN 55406

Closed: 11/10/2021

Summit Portfolio (2 properties, 61 units)

170 Summit Avenue

170 Summit Ave
St. Paul, MN 55102

Type: Multifamily

Closed: 10/15/2021

Summit Portfolio (2 properties, 61 units)

178 Summit Avenue

178 Summit Ave
St. Paul, MN 55102

Type: Multifamily

Closed: 10/15/2021

Cushman & Wakefield is pleased to present for sale, 2008 Bryant Ave S Apartments, a newly constructed, 10-unit Multifamily development in the Lowry Hill neighborhood of Minneapolis.

Completed in 2017, 2008 Bryant features a variety of expansive floor plans with contemporary design elements and designer finishes. The property offers thoughtfully designed two-bedroom apartments all featuring bright, airy living spaces, high ceilings, stylish finishes, designer flooring, and open kitchens.

Located in the heart of the Lowry Hill neighborhood of Minneapolis, 2008 Bryant Ave S Apartments offer direct access to the Hennepin/Franklin corridor, and an eclectic mix of boutique shops, trendy eateries and bars, art galleries, and recreational assets in the neighborhood include Lakes Bde Maka Ska and Isles.

2008 Bryant Ave S Apartments are a unique opportunity to acquire a newly constructed, best-in-class Multifamily asset in a desirable community.

2008 Bryant Ave S Apartments

2008 Bryant Ave S
Minneapolis, MN 55405

Type: Multifamily

Closed: 8/13/2021

Cushman & Wakefield is pleased to present the Minnehaha Park Apartments - located in the Hiawatha/Longfellow neighborhood of Minneapolis. A wide range of diverse retail, coffee shops, bars, and local dining options are within easy walking distance.

4444 Minnehaha Ave S
Minneapolis, MN 55406

Type: Multifamily

Closed: 5/12/2021

Cushman & Wakefield is pleased to present for sale, The Whit, a 74-unit Multifamily community in the charming Whittier neighborhood of Minneapolis.

Newly constructed in 2018, The Whit features expansive floor plans with designer finishes as well as state-of-the-art amenities including a fitness center, enclosed heated parking garage, and rooftop community garden and dining deck offering expansive views of the city.

Located at the center of one of Minneapolis’s most diverse and dynamic areas, The Whit is just a few short blocks from ‘Eat Street,’ encompassing dozens of eateries, bars, and shops as well as the Minneapolis Institute of Art, and the Midtown Greenway. The property is located 1-mile South of Downtown Minneapolis CBD and all the city has to offer.

The Whit is a unique opportunity to acquire a newly constructed, best-in-class Multifamily asset in a desirable community.

2201 Blaisdell Avenue
Minneapolis, MN 55404

Type: Multifamily

Closed: 11/19/2020

Cushman & Wakefield is pleased to present for sale, Boutique 28, a 42-unit luxury Multifamily development in the Uptown neighborhood of Minneapolis.

Completed in 2016, Boutique 28 offers residents access to a best-in-class amenity package and high-end finishes throughout the property. The property boasts large, thoughtfully designed floorplans that include 12 walk-up/penthouse townhome units with private patios and rooftops. The units offer condo-quality interior finishes such as stainless steel appliances, quartz countertops, walnut hardwood floors, and in-unit washer/dryers.

Adding to the uniqueness of the offering, Boutique 28 offers the potential future exit strategy of converting to and selling individual units as condominiums in a market that has limited new home supply.

Located in the heart of Uptown Minneapolis, Boutique 28 offers direct access to the Midtown Greenway, Metro Transit Station, and an eclectic mix of boutique shops, trendy eateries and bars, art galleries, and recreational assets in the neighborhood include Lake of the Isles and Bde Maka Ska.

Boutique 28 is a unique opportunity to acquire a newly constructed, best-in-class Multifamily asset in a desirable community whose construction quality and level of finishes will stand the test of time.

2817 Girard Ave S
Minneapolis, MN 55408

Closed: 7/1/2020

2333 NE Jackson Street
Minneapolis, MN 55418

Closed: 6/15/2020

1501 LaSalle Ave S
Minneapolis, MN 55403

Closed: 1/17/2020

Cushman & Wakefield is pleased to present for sale the FreightYard Townhomes & Flats, located in the historic North Loop Neighborhood of Minneapolis. FreightYard offers 96 units with a brick and timber design and walkable access to the light rail, five Fortune 500 headquarters, nightlife, sports venues, and an impressive array of award-winning restaurants.

The North Loop is the metro’s highest profile urban neighborhood and its multifamily properties consistently perform at 98% occupancy or better. FreightYard presents investors the rare opportunity to acquire an irreplaceable North Loop asset with historic charm and luxury amenities.

FreightYard Townhomes and Flats features 40 townhouse style units and 56 flats. All units offer stacked washers/dryers, individual HVAC, exposed brick/timber, and high ceilings. The property is offered free and clear of existing financing and tours begin the week of June 4th. Please contact Lance Steiger directly to set up a tour, which will be scheduled by appointment only.

FreightYard Townhomes & Flats

50 North 4th Avenue
Minneapolis, MN 55401

Closed: 9/6/2019

Cushman & Wakefield is pleased to present for sale Nicollet Apartments, a 29-unit value-add opportunity in the vibrant neighborhood of Kingfield in Southwest Minneapolis.

The property is located just off I-35W on the bustling street of Nicollet Avenue. Nicollet Apartments’ prime location gives residents easy access to everything. The property is located minutes from Downtown, Uptown, Lake Harriet, Lake Calhoun, Midtown, and Lake Nokomis. Located in the thriving Kingfield neighborhood, the property is steps from locally acclaimed restaurants including Grand Café, Victor’s 1959 Café, Blackbird Café, Patisserie 46, Revival, Tap Society, and the Kingfield Farmers Market.

Nicollet Apartments is a true value-add opportunity with legitimate immediate upside. The unit-mix is predominantly three-bedrooms with large open floor plans and vinyl plank flooring in select units. The average in-place rent is currently 20% below comparable properties in the sub-market, allowing opportunistic investors the ability to capture their desired returns through implementing a “light” in-unit and common area renovation plan.

Nicollet Apartments is offered free and clear of existing financing and tours will begin the week of April 29th. Please contact Robert Dulin directly to set up a tour, which will be scheduled by appointment only.

Nicollet Apartments

4429 Nicollet Ave S
Minneapolis, MN 55419

Type: Multifamily

Closed: 8/2/2019

Cushman & Wakefield is pleased to present The Marshall, a 40-unit value-add opportunity in the heart of the “Northeast” neighborhood of Minneapolis. The property is truly one of a kind and offers heated underground parking and very large, functional layouts.

The property is conveniently located steps from the Mississippi river and some of the best new restaurants and breweries in the Twin Cities.

The Marshall presents investors the unique opportunity to acquire an irreplaceable, Northeast Minneapolis asset with tremendous upside potential. The property is being offered free and clear of existing financing and tours will begin the week of March 11th.

1011 Marshall Street NE
Minneapolis, MN 55413

Closed: 7/15/2019

Cushman & Wakefield is pleased to present for sale the Richfield Apartment Portfolio, a 3 Building, 40-unit value-add opportunity in the vibrant 494 Corridor of western Richfield, MN. Long-term ownership has maintained the buildings with care and now offers investors the opportunity to acquire the portfolio or individual assets.

The properties are located near the Best Buy Headquarters with the addresses 7421 Penn Ave S, 7412 Oliver Ave S, and 7428 Lyndale Ave S and contain 11, 11, and 18 units respectively. The apartments’ prime location gives residents easy access to public transit, interstate 494, Southtown Shopping Center, Target, Hobby Lobby, and many dining options.

Ideally located in Richfield’s 494 corridor, just off Interstate 35W, the Richfield Apartment Portfolio is a true value-add opportunity with legitimate immediate upside. The unit-mix is predominantly one-bedrooms with large floor plans. The average in-place rent is currently 5-12% below comparable properties in the sub-market, and renovated units nearby are achieving 20% rent premiums. This allows opportunistic investors the ability to capture their desired returns through implementing a “light” in-unit and common area renovation plan.

The Richfield Apartment Portfolio is offered free and clear of existing financing and tours will begin the week of May 1st. Please contact Lance Steiger directly to set up a tour, which will be scheduled by appointment only.

Richfield Portfolio (2 properties, 40 units)

7428 Lyndale Ave S
Richfield, MN 55423

Closed: 7/10/2019

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