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5346 MINNEHAHA AVE
MINNEAPOLIS, MN 55417-2329
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Premier Redevelopment Opportunity Near MSP Airport, VA Campus & Light Rail <ul><li>Rare Urban Infill Redevelopment Opportunity on 0.58-Acre Two-Parcel Site in South Minneapolis with Strong Connectivity and High-Density Development Potential </li><li>Transit-Oriented Location Steps from METRO Blue Line LRT Offering Direct Access to MSP Airport, Mall of America, VA Medical Center, and Downtown Minneapolis </li><li>Flexible CM2 Zoning Supports Multifamily, Mixed-Use, or Commercial Development with 2–6 Story Potential in a High-Demand Corridor </li><li>Existing 32-Room
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
