7750 Silver Lake Rd Mounds View, MN 55112

Listing agency Minneapolis Office a***@marcusmillichap.com Show Phone

Listed by Abe Roberts · License #License(s): MN: 40445509 Show Phone

Source Marcusmillichap

Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 23 at 2:33AM

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Investment Insights

Based on property information with market context.

Silverview Estates is a multifamily property located in Mounds View, Minnesota, situated within an established residential setting with convenient access to nearby parks and neighborhood amenities. It is within walking distance of Lakeside Lions Park, which offers a fishing pier, volleyball courts, and a baseball diamond along the shores of Spring Lake. Constructed in 1978, Silverview Estates comprises 23 residences, including 11 one-bedroom units and 12 two-bedroom units. The residences average approximately 852 square feet and achieve average rents of $1,247 per month. The property is situated on a 1.33-acre site and features 33 surface parking spaces and 16 garage spaces. The property has been under the same ownership for 26 years and has been well maintained. Four years ago, comprehensive interior renovations were completed, including the installation of LVP flooring, dark mahogany cabinetry, and stainless steel appliances. In addition, a whole-building water softener was added in recent years to support plumbing preservation. The property is a stable investment opportunity.

Key Highlights

• Well‑maintained property under the same ownership for 26 years
• Recent comprehensive interior renovations including LVP flooring, mahogany cabinetry, and stainless steel appliances
• Favorable unit mix of 11 one‑bedroom and 12 two‑bedroom units averaging 852 square feet

Property Analytics

Property Profile Location Intelligence

FAQs

What type of property is this?

Apartment building - Well-maintained 23-unit apartment complex in Mounds View, Minnesota.

Where is this apartment building located?

The property is located at 7750 Silver Lake Rd Mounds View, MN.

What are key features of this property?

This property features: Well‑maintained property under the same ownership for 26 years; Recent comprehensive interior renovations including LVP flooring, mahogany cabinetry, and stainless steel appliances; Favorable unit mix of 11 one‑bedroom and 12 two‑bedroom units averaging 852 square feet