Controlled Access Apartment
1120 Bryant Avenue South Saint Paul, MN 55075
1120 Bryant Avenue, South Saint Paul, MN, 55075
$3,100,000
For Sale
$3,100,000
A 24-unit apartment community with controlled access entry, on-site laundry, ample parking, and mixed one- and two-bedroom units.
Property Size19,980 SF
Price / SF$155.16
Days on Market38
Property Features for 1120 Bryant Avenue
General Information
- Standard status
- Active
- Size
- 19,980 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing agency
Manarola LLC
(612) 445-0106
Listed by
Alex J Eaton
(612) 445-0106
Source
Juverealestate
Added: Jun 16 Updated: Jul 22 at 9:18AM Checked: Jul 22 at 9:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Manarola LLC
Investment Insights
Based on property information with market context.
Summit Bryant is a 24-unit apartment community offering 14 one-bedroom and 10 two-bedroom apartments. The property has controlled access entry, on-site laundry, ample parking, and air conditioning with climate control and window coverings throughout. Tenants pay their own electricity, while water, gas, and trash are billed back, supporting an expense structure designed to help manage operating costs. The community is also described as pet-friendly.
Located on Summit Bryant Ave in South St. Paul, the property is positioned in a quiet residential setting just steps from Kaposia Park and the Kaposia Off-Leash Dog Park. It is also stated to be near shopping, dining, schools, and major commuter routes with easy access to downtown St. Paul and the Twin Cities metro.
This is a turnkey multifamily offering with proven occupancy performance, according to the property remarks.
Located on Summit Bryant Ave in South St. Paul, the property is positioned in a quiet residential setting just steps from Kaposia Park and the Kaposia Off-Leash Dog Park. It is also stated to be near shopping, dining, schools, and major commuter routes with easy access to downtown St. Paul and the Twin Cities metro.
This is a turnkey multifamily offering with proven occupancy performance, according to the property remarks.
Key Highlights
- 24‑unit apartment community built in 1968
- Unit mix includes 14 one‑bedroom and 10 two‑bedroom apartments
- Controlled‑access entry with on‑site laundry and ample parking
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $520.3k | $26.04 |
| − Vacancy | −$32.8k | −$1.64 |
| EGI | $487.5k | $24.40 |
| − OpEx | −$219.4k | −$10.98 |
| NOI | $268.1k | $13.42 |
19,980 SF · lease $26.04/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.83M
$3.35M – $4.47M
NOI $268,126 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$4.92M
$4.30M – $5.74M
NOI $344,175 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bryant Residence
Social Service Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - A 24-unit apartment community with controlled access entry, on-site laundry, ample parking, and mixed one- and two-bedroom units.
Where is this apartment building located?
The property is located at 1120 Bryant Avenue South Saint Paul, MN.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 24‑unit apartment community built in 1968; Unit mix includes 14 one‑bedroom and 10 two‑bedroom apartments; Controlled‑access entry with on‑site laundry and ample parking
