12 new construction residential townhome/apartment units. High-end construction with beautiful finishes throughout! Fully rented & stabilized in high-demand Champlin. Currently treated as apartments and all owned by the same Seller. This is a turn-key, stable investment opportunity in an excellent suburban location. Additional land for sale next to these units that can also be purchased (separate listing for $1.25M) for an additional 40 units of development. These 12 units are comprised of two 6 unit buildings next to one another with each unit featuring 3 bedrooms, 4 baths with a 2 car garage. 4 total bathrooms consist of ½ bath 1st level, ½ bath 2nd level, full bath off the master on 3rd level, and full bath for the other 2 bedrooms on 3rd level. Very large spacious units with finished square footages ranging from 2,404 SF to 2,595 SF per unit. Zoning for this site is R-4 PUD Each unit has it’s own County Assessed PID# so these units could be sold as townhomes in the future.
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Listing information last updated on May 23rd, 2022 at 6:35pm CDT.