Planned Triplex Rental
113xx North Ave Chisago City, MN 55013
113xx North Ave, Chisago City, MN, 55013
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For Sale
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Pending
Planned 45-unit triplex community with private decks, garages, and units backing Wallmark Lake Wetlands.
Days on Market103
Property Features for 113xx North Ave
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Stone Arch Funding LLC
Listed by
Randy Kempenich · License #MN 669580
Source
Crexi
Added: Apr 12 Updated: Jul 20 at 7:35PM Checked: Jul 22 at 12:29PM
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 Stone Arch Funding LLC
Investment Insights
Based on property information with market context.
A planned 45-unit triplex community consisting of 15 rental triplexes. Each triplex includes three units and features a 3-car garage with three parking spaces behind the garage stalls. Plans call for handicap accessible main level living with a private deck, along with lower level space that includes a walkout or walk-up to a private patio. Each triplex also includes a one-bedroom unit over the garage.
The community’s lots back up to Wallmark Lake Wetlands for nature views and privacy. The property is located in Chisago City, MN, within the Chisago Lakes Area, described as offering seven recreational lakes within 30 minutes of the Twin Cities. The location is also noted as next to the Swedish Immigrant Trail and within about 35 minutes of the Twin Cities, with 125+ businesses within 1 mile.
According to the project history, Nature View Homes received final plat approval in early 2020 for 15 single family home lots, and later changed the plan to 15 rental triplexes. The offering also references 15 separate PIDs to support financing and exit flexibility, and includes requests to review rent studies through the seller’s materials.
The community’s lots back up to Wallmark Lake Wetlands for nature views and privacy. The property is located in Chisago City, MN, within the Chisago Lakes Area, described as offering seven recreational lakes within 30 minutes of the Twin Cities. The location is also noted as next to the Swedish Immigrant Trail and within about 35 minutes of the Twin Cities, with 125+ businesses within 1 mile.
According to the project history, Nature View Homes received final plat approval in early 2020 for 15 single family home lots, and later changed the plan to 15 rental triplexes. The offering also references 15 separate PIDs to support financing and exit flexibility, and includes requests to review rent studies through the seller’s materials.
Key Highlights
- Planned 45‑unit triplex community in Chisago City, MN, originally approved in early 2020 as 15 single‑family lots
- Each triplex includes three units, a 3‑car garage, and 3 parking spaces behind the garage stall
- Triplex lots back up to Wallmark Lake Wetlands for nature views and privacy
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Planned 45-unit triplex community with private decks, garages, and units backing Wallmark Lake Wetlands.
Where is this triplex located?
The property is located at 113xx North Ave Chisago City, MN.
What are key features of this property?
This property features: Planned 45‑unit triplex community in Chisago City, MN, originally approved in early 2020 as 15 single‑family lots; Each triplex includes three units, a 3‑car garage, and 3 parking spaces behind the garage stall; Triplex lots back up to Wallmark Lake Wetlands for nature views and privacy
