Strong In-Place Cash Flow – High cap rate of 8% with full occupancy in a well performing portfolio.
Desirable Location – Situated in an in-demand rental market just 5 minutes from I-35E, offering quick access to both Minneapolis and Saint Paul, making it highly attractive to commuters.
Hands-Off Ownership Structure – As a condominium complex, the HOA is responsible for all exterior maintenance, capital improvements, and management concerns, offering a truly passive ownership experience with minimal landlord involvement.
Well-Maintained Asset – The property has benefited from substantial recent improvements, all funded by HOA reserves at no additional cost to owners, including:
• New Siding
• New Carpet and Paint
• 35 Security Cameras Installed
• $30,000+ in landscaping upgrades: new drainage, tree removal, boulders, and
fresh plantings
• Ramp updates/repairs (funded by ramo assessment)
• New 30-year rood installed around 2010 (funded by reserves)
Attractive Amenities for Tenants – Access to gym, tennis court, playground, dog park, and other community features help boost tenant satisfaction and retention.
Flexible Deal Structure – Investors have the option to acquire the entire portfolio or negotiate smaller packages of 5, 10, 15, or 20 units, offering flexibility to match investment goals and capital deployment.