$8,395,000 | Commercial # 6238393 | 4738 Grand Avenue S - Minneapolis, LISTING
THIS LISTING IS FOR THE PURCHASE OF A \'TO-BE-BUILT\' 23-UNIT LUXURY APARTMENT BUILDING IN THE TANGLETOWN NEIGHBORHOOD IN SOUTHWEST MINNEAPOLIS. THE ENTITLEMENTS HAVE BEEN APPROVED AND THE BUILDING PERMIT HAS BEEN APPLIED FOR. PRE-CAST CONCRETE IS ORDERED AND SUBCONTRACTORS ARE LINED UP! THE CONSTRUCTION IS SET TO START UPON BUILDING PERMIT APPROVAL. ESTIMATED START IS LATE AUGUST / EARLY SEPTEMBER AND COMPLETION IS FALL OF 2023. OPTION TO PURCHASE THIS FOUR-STORY LUXURY BUILDING NOW FOR A TURN-KEY APARTMENT UPON COMPLETION OR PARTNER WITH DEVELOPER / BUILDER NOW AT THE START. PLEASE CONTACT FOR MORE INFORMATION ON PARTNERSHIP / JOINT VENTURE. STATED NOI ASSUMES NO VACANCY. ***OPEN FOR OUTRIGHT ENTITLED LAND SALE FOR $1,895,000 THAT INCLUDES ALL PROJECT APPROVALS, LAND, A&E, MEP, ETC. AND ALL DOCS WITH A PERMIT READY. WILLING TO BUILD AT COST WITH A CONSTRUCTION MANAGEMENT FEE IN AN \'OPEN-BOOK\' FULL TRANSPARENCY MODEL WITH AMICABLE BUYER OR PARTNER TERMS.
$8,395,000 | Commercial # 6238393 | 4738 Grand Avenue S - Minneapolis, LISTING
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