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2816 Pillsbury Ave
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily residential building located in Minneapolis Minnesota
- Asset contains a total of 23 individual apartment units
- Offered for sale at a price of 2280000 dollars
- Current investment opportunity features an 8.27% cap rate
- Situated in the 55408 zip code of Minneapolis
- Suitable for residential investors targeting the local market
What's Special
This multifamily apartment building at 2816 Pillsbury Ave in Minneapolis is currently available for sale, offering an ideal investment for buyers seeking to expand their residential portfolio. The property encompasses 23 units, providing a stable foundation for long-term rental income in a dense urban environment. Minneapolis maintains a robust housing market driven by a diverse local economy and a steady influx of residents attracted to the region's cultural and employment opportunities. Positioned in a well-established submarket, this asset is well-suited for investors focusing on value-add strategies or stable cash-flowing residential operations. The site benefits from its accessibility to local amenities and major transportation corridors, which support consistent tenant demand. With an 8.27% cap rate, the building represents a functional addition for professional operators looking to capitalize on the sustained need for quality housing in the Twin Cities area.
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