Multifamily Property for Sale in Circle Pines, MN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Circle Pines, MN 55014

Description

Introducing a prime investment opportunity in Lexington, MN, close to restaurants, shopping, freeway access, and area amenities. This 8,960 SF multi-family property, located in Anoka County, boasts 16 units, with 15, 1BR/1BA units and one Studio Apartment. Built in 1960 and zoned R-4, this property offers in-place, below market rents plus an opportunity for continued building improvements in order to increase your Net Operating Income! A redevelopment opportunity exists for this parcel as it is surrounded by recent construction of larger apartment buildings. Listing Type: FOR SALE

Market Context

This multifamily in Circle Pines, MN is listed for sale. It has been on the market for 39 days. Compare it against other multifamily listings for sale in Circle Pines, MN — <a href="/search/sale/multifamily/minnesota/circle-pines">view the full market</a>.

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