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Krystal Kourts 5930-5950 W Broadway Ave Immeuble residentiel 36 lots À vendre Minneapolis, MN 55428



Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- First time available in nearly 45 years, a true pride-of-ownership community in a high-demand Twin Cities suburb.
- Situated on 2.43 acres with abundant parking, across from Broadway Park and minutes from shopping, dining, and major retail corridor on Bass Lake Road
- 36-total units with an even split between one-bedroom and two-bedroom units
- Clear Loss-to-Lease Upside – Current rents average $1,003 per month, well below market comparables, providing immediate revenue potential.
- Low-cost basis with Value-Add potential
- New roofs on all three buildings and all garages
RÉSUMÉ ANALYTIQUE
Marcus & Millichap, as exclusive listing agent, is pleased to present Krystal Kourt Apartments, offered for sale for the first time in nearly 45 years. This 36-unit multifamily community is located in Crystal, Minnesota, and features an ideal unit mix of 18 one-bedroom and 18 two-bedroom residences. Built in 1966 and consistently well maintained, the property has benefited from continuous capital investment, including new roofs across all three buildings in 2025.
The spacious apartments average 825 square feet, with current rents of $1,003 per month, providing investors with a stable income stream and clear upside potential through future rent growth. Situated on a generous 2.43-acre site, the community offers 36 garage stalls and 31 surface parking spaces, ensuring ample resident parking.
Directly across from Broadway Park, residents enjoy immediate access to basketball courts, green space, and outdoor recreation, while the property’s layout and neighborhood setting foster a comfortable, community-oriented living environment. Less than a mile from the West Broadway retail corridor, Krystal Kourt combines the convenience of nearby shopping, dining, and entertainment with the feel of a residential neighborhood.
With its long-term ownership, prime location, recent capital improvements, and significant value-add potential, Krystal Kourt Apartments represents a rare and compelling multifamily investment opportunity in the Twin Cities market.
The spacious apartments average 825 square feet, with current rents of $1,003 per month, providing investors with a stable income stream and clear upside potential through future rent growth. Situated on a generous 2.43-acre site, the community offers 36 garage stalls and 31 surface parking spaces, ensuring ample resident parking.
Directly across from Broadway Park, residents enjoy immediate access to basketball courts, green space, and outdoor recreation, while the property’s layout and neighborhood setting foster a comfortable, community-oriented living environment. Less than a mile from the West Broadway retail corridor, Krystal Kourt combines the convenience of nearby shopping, dining, and entertainment with the feel of a residential neighborhood.
With its long-term ownership, prime location, recent capital improvements, and significant value-add potential, Krystal Kourt Apartments represents a rare and compelling multifamily investment opportunity in the Twin Cities market.
DATA ROOM Cliquez ici pour accéder à
- Offering Memorandum
- Operating and Financials
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface du lot | 0,98 ha |
| Nb de lots | 36 | Surface de l’immeuble | 2 179 m² |
| Type de bien | Immeuble residentiel | Occupation moyenne | 94% |
| Sous-type de bien | Appartement | Nb d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction | 1966 |
| Classe d’immeuble | C | Ratio de stationnement | 0,37/1 000 m² |
| Type de vente | Investissement |
| Nb de lots | 36 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,98 ha |
| Surface de l’immeuble | 2 179 m² |
| Occupation moyenne | 94% |
| Nb d’étages | 2 |
| Année de construction | 1966 |
| Ratio de stationnement | 0,37/1 000 m² |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Machine à laver/sèche-linge
- Chauffage
- Ventilateurs de plafond
- Cuisine
- Moquette
- Sans tabac
- Couvre-fenêtres
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- Laverie
- Clôturé
- Grill
- Service de blanchisserie
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| Studios | 8 | - | 51 |
| 1+1 | 18 | - | 65 |
| 2+1 | 10 | - | 84 |
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TAXES FONCIÈRES
| Numéro de parcelle | 05-118-21-24-0002 | Évaluation des aménagements | 2 613 364 € |
| Évaluation du terrain | 467 910 € | Évaluation totale | 3 081 274 € |
TAXES FONCIÈRES
Numéro de parcelle
05-118-21-24-0002
Évaluation du terrain
467 910 €
Évaluation des aménagements
2 613 364 €
Évaluation totale
3 081 274 €
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VIDÉOS
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Présenté par
Krystal Kourts | 5930-5950 W Broadway Ave
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