Property profile

30 Graceson Ave S Akeley, MN 56433

FOR SALE
Apartment buildings
Property ID
US46-2248243
7,200 SF 0.5 ac lot Built 1997
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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

Location

30 Graceson Ave S Akeley, MN 56433
Akeley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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