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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.
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3412 Bloomington Ave Apartments
18 Units
3412 Bloomington Ave
Minneapolis, MN  55407
Type: Conventional
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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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, 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.
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MN46 Apartments
Offers Due:  Wednesday, October 20, 2021
54 Units
4561 Minnehaha Ave
Minneapolis, MN  55406
Type: Conventional
Cushman & Wakefield is pleased to present for sale, MOD42, a 30-unit luxury Multifamily development in the Standish neighborhood of Minneapolis.

Completed in 2021, MOD42 offers residents incredible access to Minnehaha Regional Park, Hiawatha Light Rail Transit, Regional Bike trail system, award-winning restaurants, and the Minneapolis-St. Paul International Airport. The property boasts high end finishes and modern design that is unrivaled in the immediate neighborhood, all at rents that are only slightly higher than renovated Class C buildings nearby. The units offer condo-quality interior finishes such as stainless steel appliances, quartz countertops, and in-unit washer/dryers.

Adding to the uniqueness of the offering, MOD42 is Minneapolis' first modular apartment building, designed and developed by RISE Modular. This method is superior to traditional construction in terms of sound dampening between units, ease of ongoing maintenance, and sustainability during construction.

Located in one of Minneapolis' most vibrant areas, MOD42 offers residents a high quality of life with many long-term residents, established bakeries, coffee shops, and neighborhood restaurants.

MOD42 is a rare 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.
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Under LOI
MOD42
30 Units
4200 S 32nd Ave
Minneapolis, MN  55406
Type: Conventional
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.

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Sawyer & Huck
49 Units
338 NE 2nd Street
Minneapolis, MN  55413