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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.

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Under Contract
Lamplighter Village
150 Units
1512 Woodbridge St.
St. Paul, MN  55117
Type:  Multifamily
Cushman & Wakefield is pleased to present for sale, Red Mill Apartments, a 6-unit multifamily property located in St. Paul, Minnesota just eight minutes east of downtown. The property is bank-owned and fully stabilized.

A historical building, originally built in 1889 and newly renovated in 2021, Red Mill Apartments is a well-appointed multifamily property featuring spacious (average of 1,322 SF) one, two, three, and four-bedroom units. All units include new kitchens, bathrooms, flooring, concrete patios, mechanicals, and a new roof. The property includes 12-off street parking spaces and in-unit washers and dryers.

The property is located in the Dayton’s Bluff neighborhood, a picturesque and scenic area of town high above the Mississippi with historical and architectural charm. The property is a short walk to the local bus line and ideally situated near Interstates 94 and 35W offering convenient access to all of St. Paul and the Twin Cities.

Red Mill Apartments represent a prime opportunity to acquire a fully-renovated, highly sought after, stabilized property at a significant discount to replacement cost.

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Red Mill
6 Units
1179 7th St E
St. Paul, MN  55106
Type:  Multifamily
Cushman & Wakefield is pleased to present for sale, The BCP Portfolio, a 238-unit multifamily property portfolio Ideally located in the historically rich Loring Park area of downtown Minneapolis near Interstate 94.

The Buckingham – 128 Units

The Commodore – 40 Units

The Parkway – 70 Units

The three vintage properties were originally constructed in 1919/1920 and still contain some of the original charming characteristics. The unique living spaces include studio, one, and two-bedroom units featuring multiple finish styles with contemporary lighting, hardwood flooring, and new appliances. While the properties maintain much of their original vintage aesthetic, recent capital improvements completed by current ownership include over $3.1M including renovations to the lobbies, facades, elevators, hallways, amenity spaces, entry courtyards and some apartment units. On-site amenities include an updated fitness center, an indoor pool and spa and a resident lounge area with games.

The portfolio provides a great opportunity for an investor to implement a light value-add program to achieve rent premiums of $125-250 per unit. The properties are also displaying significant rent increases (average of 5.1%) during lease renewals. The portfolio offers the potential to significantly reduce property taxes through the Minneapolis 4D Program as all units throughout the three properties currently qualify.

Properties can be purchased together or separately.

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Coming Soon
BCP Portfolio (3 properties, 238 units)
The Buckingham
128 Units
1500 LaSalle Ave
Minneapolis, MN  55403
Cushman & Wakefield is pleased to present for sale, The BCP Portfolio, a 238-unit multifamily property portfolio Ideally located in the historically rich Loring Park area of downtown Minneapolis near Interstate 94.

The Buckingham – 128 Units

The Commodore – 40 Units

The Parkway – 70 Units

The three vintage properties were originally constructed in 1919/1920 and still contain some of the original charming characteristics. The unique living spaces include studio, one, and two-bedroom units featuring multiple finish styles with contemporary lighting, hardwood flooring, and new appliances. While the properties maintain much of their original vintage aesthetic, recent capital improvements completed by current ownership include over $3.1M including renovations to the lobbies, facades, elevators, hallways, amenity spaces, entry courtyards and some apartment units. On-site amenities include an updated fitness center, an indoor pool and spa and a resident lounge area with games.

The portfolio provides a great opportunity for an investor to implement a light value-add program to achieve rent premiums of $125-250 per unit. The properties are also displaying significant rent increases (average of 5.1%) during lease renewals. The portfolio offers the potential to significantly reduce property taxes through the Minneapolis 4D Program as all units throughout the three properties currently qualify.

Properties can be purchased together or separately.

...
Coming Soon
BCP Portfolio (3 properties, 238 units)
The Commodore
40 Units
1417 LaSalle Ave
Minneapolis, MN  55403
Cushman & Wakefield is pleased to present for sale, The BCP Portfolio, a 238-unit multifamily property portfolio Ideally located in the historically rich Loring Park area of downtown Minneapolis near Interstate 94.

The Buckingham – 128 Units

The Commodore – 40 Units

The Parkway – 70 Units

The three vintage properties were originally constructed in 1919/1920 and still contain some of the original charming characteristics. The unique living spaces include studio, one, and two-bedroom units featuring multiple finish styles with contemporary lighting, hardwood flooring, and new appliances. While the properties maintain much of their original vintage aesthetic, recent capital improvements completed by current ownership include over $3.1M including renovations to the lobbies, facades, elevators, hallways, amenity spaces, entry courtyards and some apartment units. On-site amenities include an updated fitness center, an indoor pool and spa and a resident lounge area with games.

The portfolio provides a great opportunity for an investor to implement a light value-add program to achieve rent premiums of $125-250 per unit. The properties are also displaying significant rent increases (average of 5.1%) during lease renewals. The portfolio offers the potential to significantly reduce property taxes through the Minneapolis 4D Program as all units throughout the three properties currently qualify.

Properties can be purchased together or separately.

...
Coming Soon
BCP Portfolio (3 properties, 238 units)
The Parkway
70 Units
1501 LaSalle Ave S
Minneapolis, MN  55403