Green Acres 149-Unit Apartment
For Sale
Contact for pricing
Pending
1800 5th Ave NE, East Grand Forks, MN 56721
Apartment community with recreational amenities, garage rentals, and a diversified one-, two-, and three-bedroom unit mix.
Property SizeContact for details
Lot Size7.58 Acres
Days on Market143
Property Features for 1800 5th Ave NE
General Information
Standard status
Pending
Lot size
7.58 Acres
Property subtype
Multifamily
Units
Unit Mix
30 x 1BR/1BA, 110 x 2BR/1BA, 9 x 3BR/1BA
Multifamily Units
149
Amenities
fitness center
sauna
racquetball court
on-site swimming pool
grill/picnic area
Building Details
Buildings
15
Stories
3
Listing Agency:
CBRE Minneapolis
Listed By:
Drew Rafshol · License #MN
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 12:47AM
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 CBRE Minneapolis
Investment Insights
Based on property information with market context.
Green Acres is a 149-unit apartment community at 1800 5th Ave NE in East Grand Forks, Minnesota. The property includes ten three-story apartment buildings, five separate garage buildings, and 78 garage rentals across 7.58 acres. Unit inventory comprises 30 one-bedroom/one-bath apartments averaging 625 square feet, 110 two-bedroom/one-bath apartments averaging 963 square feet, and 9 three-bedroom/one-bath apartments averaging 1,060 square feet.
Community amenities include a fitness center, sauna, racquetball court, swimming pool, grill and picnic area. Capital improvements include window replacement in the early 2000s, replacement of seven flat roofs during the early 2000s, replacement of two hip roofs in 2018, and $250,000 in parking lot repairs completed in 2017. Forty-nine apartments have also received interior updates, including flooring, countertops, sinks, faucets, vanities, and lighting. The property is within walking distance of Northland Community & Technical College, East Grand Forks Public Schools, the East Grand Forks Civic Center, and Itts Williams Park.
Community amenities include a fitness center, sauna, racquetball court, swimming pool, grill and picnic area. Capital improvements include window replacement in the early 2000s, replacement of seven flat roofs during the early 2000s, replacement of two hip roofs in 2018, and $250,000 in parking lot repairs completed in 2017. Forty-nine apartments have also received interior updates, including flooring, countertops, sinks, faucets, vanities, and lighting. The property is within walking distance of Northland Community & Technical College, East Grand Forks Public Schools, the East Grand Forks Civic Center, and Itts Williams Park.
Key Highlights
- 149 units across ten 3‑story apartment buildings on 7.58 acres
- Unit mix includes 30 one‑bedroom, 110 two‑bedroom, and 9 three‑bedroom apartments
- Five garage buildings with 78 garage rentals
Property Analytics
Property Profile
Current Use
Lease Details
149
Residential units
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
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Business Placement
Demographics for 56721, MN
10,602
Population
4,381
Households
2.4
Avg Household Size
36
Median Age
29%
College-Educated
95%
High-School Grad
192.4 sq mi
ZIP Area
55
Density / Sq Mi
$83,633
Median Household Income
$45,522
Median Earnings
$876
Median Rent
$247,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment community with recreational amenities, garage rentals, and a diversified one-, two-, and three-bedroom unit mix.
Where is this apartment building located?
The property is located at 1800 5th Ave NE East Grand Forks, MN.
What are key features of this property?
This property features: 149 units across ten 3‑story apartment buildings on 7.58 acres; Unit mix includes 30 one‑bedroom, 110 two‑bedroom, and 9 three‑bedroom apartments; Five garage buildings with 78 garage rentals
