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4110 Rahn Road, Eagan, MN, 55122

4110 RAHN ROAD
yes

Key Information

Cap Rate
8%
GRM
6
Tot. SF
165,000
$ per unit
$106,239
Units
42
Year Built
1972
Type
Apartments
NOI
$356,964

Highlights

INVESTMENT HIGHLIGHTS

  • 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.

Photos

Location

Agents

Broker of Record

Kurt Sauer

License # 41005445 (MN)
Matthews of Minnesota, LLC
701 Xenia Ave S, Ste 485 Minneapolis MN 55416