5740 Sander Dr, Minneapolis, MN 55417

This exceptional investment opportunity presents two adjacent apartment buildings in Minneapolis, Minnesota's desirable Bossen Park area. The portfolio comprises a total of 17 units, offering a compelling blend of income potential and recent renovations. One building, located at 5740 Sander Drive, features 11 units, including ten spacious one-bedroom units and one two-bedroom unit. The second building, situated at 5753 Bossen Terrace, consists of six units: five one-bedroom units and one studio unit. Constructed in 1964 and 1961 respectively, these Class C properties are priced at $1,745,000, or approximately $102,647 per unit. Significant recent improvements enhance the value and appeal of this offering. These upgrades include new carpeting in all units and hallways of the Bossen Terrace building, fresh paint throughout both buildings, and new appliances (refrigerators, air conditioning units, and toilets) in the majority of units. The buildings' close proximity offers operational efficiencies and potential for synergistic management. This is an excellent opportunity for investors seeking a well-maintained, multifamily portfolio in a prime Minneapolis location. The properties are located in Hennepin County, Minnesota, with zip code 55417. Financial details are available upon request.