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    OFF-MARKET
    Apartment buildings

    30 Graceson Ave, Akeley, MN 56433

    7,200 SF 0.5 ac lot Built 1997
    Property ID
    US46-2248243
    Property summary
    AI-generated overview

    This exceptional 8-unit apartment complex presents a lucrative investment opportunity in the desirable town of Akeley, Minnesota. Boasting a total of 7,200 square feet, this property sits on a half-acre lot, offering ample space and potential for future development or expansion. Its convenient location provides easy access to the amenities and attractions of nearby Walker, including the renowned Leech Lake. Residents enjoy a peaceful small-town atmosphere while remaining within a short driving distance of major shopping, dining, and recreational opportunities. The property's strong rental income stream makes it an attractive proposition for both seasoned investors seeking portfolio diversification and newcomers looking for a stable, high-return investment. The existing structure presents a solid foundation for continued success, with the potential for further value enhancement through strategic property management and upgrades. This is a rare opportunity to acquire a well-situated, income-generating asset in a thriving Minnesota community. The property's strong location and established tenant base contribute to its overall appeal and potential for long-term growth. This turnkey investment is ready for immediate income generation and offers significant upside potential. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1997
    Total area 7,200 SF
    Lot 0.5 ac (21,780 SF)
    UPID US46-2248243
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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