12771 Greenwood Dr Burnsville, MN 55337
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.
-
Lidiia’s Music Lessons Vocational School Training Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.