For Sale
$4,000,000

12771 Greenwood Dr Burnsville, MN 55337

25-Unit Apartment Complex, High ROI Potential

Overview

Added:
Feb 3
Days on market:
78
This exceptional 20,600 square foot multifamily property, located at 12771 Greenwood Drive in Burnsville, Minnesota, presents a compelling investment opportunity. The complex comprises 25 well-maintained apartment units, each featuring the convenience of in-unit laundry and split utilities. Recent improvements and thoughtful unit designs enhance the property's appeal and contribute to its strong performance. Adding to the property's value is the inclusion of 33 garages, providing ample parking for residents. Significant upgrades have been implemented throughout the complex, ensuring a high-quality living experience for tenants and a robust return on investment for the owner. Situated in the desirable suburban location of Burnsville, this asset offers long-term value and stability in a thriving market. The property's strong occupancy rates and consistent rental income make it an attractive prospect for discerning investors seeking a well-managed and profitable multifamily investment. This turnkey operation requires minimal immediate capital expenditure, allowing for immediate cash flow generation. The property's location offers easy access to local amenities, transportation routes, and employment centers, further enhancing its desirability and rental potential. This is a rare opportunity to acquire a well-established, high-performing multifamily property in a prime location. The asking price is $4,000,000.

Property Details for 12771 Greenwood Dr

Property type
Apartment buildings
Square Feet
20,600 SF
Year Built
1985

Location Insight

City
Burnsville
County
Dakota
State
Minnesota
Latitude
44.77084
Longitude
-93.30299

FAQs

What type of property is this?
Apartment building - 25-Unit Apartment Complex, High ROI Potential
Where is the apartment building located?
The property is located at 12771 Greenwood Dr Burnsville, MN.
What is the asking price?
The asking price for this property is $4,000,000.
How can I contact the broker?
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12771 Greenwood Dr
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