1935 1925-1935 Park Ave, Minneapolis, MN 55404
MULTIFAMILY For SaleYear Built: 2021
Floors: 4
Class: A
| Space | Size | Type | Pricing |
|---|---|---|---|
| 43-Unit Park & Franklin Lofts Apartments | SALE | $7,250,000.00 |
Chris Missling - Real Broker, LLC
PHONE: 6128121317
PHONE: 6128121317
Andy Pham - Real Broker, LLC
PHONE: 6513795252
Mike Gengler - Real Broker, LLC
PHONE: 7634772918
Hanh Nguyen - Real Broker, LLC
PHONE: 7633189503
PHONE: 7633189503
GJG Commercial-Real Broker presents Park & Franklin Lofts Apartments. An exceptional investment opportunity in south Minneapolis' emerging Ventura Village submarket. The newer built building offers the new ownership a combination of modern construction quality, stable cash flow, and substantial value-add potential in a rapidly developing urban corridor. With excellent transit connectivity via the Light Rail Blue Line, bike paths, and the bus line, it has proximity to all the area demand drivers of major employment centers. Most notably Abbott Northwestern Hospital, Allina Health, Children’s Hospital, including St. Mary’s University and Minneapolis College Art & Design. The Asset is strategically positioned to capitalize on Minneapolis' continued growth and urban revitalization trends including the new street system along Franklin Avenue which is expected to be completed by 2027. This prime property offers diverse unit configurations from contemporary studios to spacious three-bedroom residences. Strategically positioned in a high-demand submarket, the property capitalizes on Minneapolis's dynamic urban growth. Park & Franklin Lofts combines immediate return potential with long-term value enhancement opportunities, making it an exceptional gateway to one of the region's most promising real estate markets and an attractive addition to any investment portfolio.