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3343 15th Ave S
Minneapolis, MN 55407
Asking Price
$580K
Cap Rate
8.3%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 8.30% CAP | 5 Units <ul><li>Attractive opportunity for both yield-focused investors and operators seeking value-add potential in a proven rental location</li><li>Desirable unit mix consisting of four one-bedroom units and one three-bedroom unit, appealing to a broad tenant base</li><li>High projected pro forma cap rate of 8.58%, driven by the opportunity to increase NOI through operational efficiencies and reduction of current ownership expenses</li><li>Located directly adjacent to Powderhorn Park, providing te
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NOI
$80,000
Cap Rate
13.79%
DSCR
2.32
Strong
Cash-on-Cash
26.19%
Monthly Payment
$2,869.524
Annual Cash Flow
$45,565.718
