12771 Greenwood Dr Burnsville, MN 55337

Property Details for 12771 Greenwood Dr

Year built

1985

Property size

20,600 SF

Property type

Apartment buildings

Description

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.