Map pin2625 Stevens Ave, Minneapolis, MN 55408

Plymouth Avenue & Stevens House Apartments

Plymouth Avenue & Stevens House Apartments_Pand te koop

Attributen

Aantal eenheden
207 eenheden
Bezetting
91%
Bouwjaar
1974
Jaar gerenoveerd
2017
Netto gebouwoppervlakte
14.280 vierkante meter

Activa beschrijving

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the General Partner interest in Plymouth Stevens House, LP. The Partnership is comprised of two properties (Plymouth Ave & Stevens House Apartments) totaling 207 units. The Properties are encumbered by the same LIHTC LURA and senior debt but separate Project Based Section 8 (HAP) Contracts. An Investor will benefit from the Properties’ convenient location near Downtown Minneapolis and from significant capital expenditures by the seller ($20,000,000+ since 2016)

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Investeringshoogtepunten

  • Partial HAP Contract Provides Stable Operations
  • Accretive & Assumable Existing Debt
  • Significant Capital Expenditure History
  • Proximity to Economic Drivers & Ease of Access
  • Premium Minneapolis Metro
Plymouth Avenue & Stevens House Apartments 4_Pand te koop
Plymouth Avenue & Stevens House Apartments 4_Pand te koop
Plymouth Avenue & Stevens House Apartments (0 Eigendommen)

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Laatst bijgewerkt
May 20, 2024