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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.
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Under Contract
Charles Street Manor Apartments
36 Units
101, 179, 180 Charles Street NE
Fridley, MN  55432
Type: Conventional
Cushman & Wakefield is pleased to present for sale, Modi Apartments, a 75-unit luxury Multifamily asset in the charming Whittier neighborhood of Minneapolis.

Completed in 2018, Modi Apartments feature a variety of floor plans with meticulously designed interiors and an aesthetic both modern & timeless. The property features bright, airy living spaces, high ceilings, stylish finishes, designer flooring, and open kitchens. The property boasts a strong occupancy rate (96%) and is perfectly positioned for significant rent growth as the resurgence in the city of Minneapolis continues to expand.

Located in the middle of the Lowry Hill and Whittier neighborhoods of Minneapolis, Modi Apartments offer direct access to the Hennepin/Lyndale & Hennepin/Franklin corridors, and an eclectic mix of boutique shops, trendy eateries and bars, art galleries, and recreational assets in the neighborhood including Lakes Bde Maka Ska and Isles.

Modi Apartments are a unique opportunity to acquire a newly constructed, best-in-class Multifamily asset in a desirable community for well below replacement costs.

In addition to Modi, two adjacent parcels are available for sale including Mortimer's Restaurant & Bar, located next door to Modi, and a billboard site and duplex apartment complex located on Franklin Ave. See Supplemental OM for details.

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Modi Apartments
75 Units
2015 Lyndale Ave S
Minneapolis, MN  55405
Type: Conventional
Cushman & Wakefield is pleased to present for sale, The Wings of Newport, a 200-unit multifamily apartment building located in the town of Newport, Minnesota, with high visibility to Interstate 494 and US Highway 10. Just steps from the City of Woodbury, the property is situated in the highly rated East Ridge High School district.

Recently completed in September 2020, The Wings offers residents access to abundant community space, on-site amenities and fine finishes throughout the property. Originally built as a market-rate building with the ability to offer limited support services, the property presents an excellent opportunity to maximize the functionality of abundant common space. Both market rate or 55+ would be excellent uses for this asset. There are no restrictions to its use.

The property is located in the residential community of Newport with a small town persona. Newport enjoys a convenient location in the thriving east metro area and is served by a number of transportation modes, which includes I-494, Highway 10, the Canadian Pacific Rail Line, and the River. Newport is conveniently located just 15 minutes southeast from Minneapolis and St. Paul along the Mississippi River with close proximity to the Minneapolis - St. Paul International Airport and St. Paul Downtown Airport, as well as the Mall of America.

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Coming Soon
The Wings of Newport
200 Units
2300 Hastings Ave
Newport, MN  55055