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Multifamily

Ford Parkway Apartments

1936 Ford Pkwy, Saint Paul, MN 55116

Listing Price: Request For Offer

Number of Units
22

Investment Overview

Marcus & Millichap is pleased to announce the exclusive listing of The Summit Hill & Highland Park Portfolio, consisting of three properties; totaling 74 units. These properties are located in the neighborhoods of Summit Hill and Highland Park in the city of Saint Paul, Minnesota. All properties are being offered for sale on a free-and-clear basis. The neighborhood of Summit Hill is one of Saint Paul’s oldest and most popular neighborhoods. Known for its affluent mansions and pedestrian-oriented shopping and dining experiences, the Summit Hill neighborhood gives its residents a multitude of options to keep them busy year-round. The neighborhood of Highland Park lies on the Mississippi River and offers more of a small-town feel. Voted one of the best places to live in Minnesota, the Highland Park neighborhood includes a popular park on the Mississippi River bank, Hidden Falls Regional Park, that showcases 6.7 miles of paved trails, waterfalls, boat launch, and scenic picnic areas. The neighborhood also includes St. Catherine University, Highland Park Aquatic Center, and Highland National Golf Course. Lincoln Court Apartments, located in the Summit Hill neighborhood, was constructed in 1921 and features five studio/1-bathroom units at 400 square feet and 27 one-bedroom/one-bathroom units at 620 square feet. This property offers on-site laundry, a bike storage room, street parking, and a very short 2 block walk to Grand Avenue. Ford Parkway Apartments, located in the Highland Park neighborhood, was constructed in 1956 and features 22 studio/1-bathroom units at approximately 340 square feet. This property is walking distance to Hillcrest Park and Highland Park Public Library, and includes spacious walk-in closets, on-site parking, on-site laundry, and very walkable with access to all of the retail and shopping located on the Ford Parkway corridor. Highland Lane Apartments, located in the Highland Park neighborhood, was constructed in 1949 and features 18 one-bedroom/one-bathroom units at 550 square feet and two two-bedroom/ one-bathroom units at 636 square feet. The property is walking distance to many shops and restaurants, as well as public transportation. The Summit Hill & Highland Park Portfolio gives investors a rare opportunity to acquire legacy assets that have been under current ownership for multi-generations.

Investment Highlights

  • Located In Popular Summit Hill Neighborhood
  • Walking Distance to Hillcrest Park and Highland Park Library
  • Spacious Walk-In Closets

Exclusively Listed By

Multifamily

Ford Parkway Apartments

Investment Highlights

  • Located In Popular Summit Hill Neighborhood
  • Walking Distance to Hillcrest Park and Highland Park Library
  • Spacious Walk-In Closets

Investment Overview

Marcus & Millichap is pleased to announce the exclusive listing of The Summit Hill & Highland Park Portfolio, consisting of three properties; totaling 74 units. These properties are located in the neighborhoods of Summit Hill and Highland Park in the city of Saint Paul, Minnesota. All properties are being offered for sale on a free-and-clear basis. The neighborhood of Summit Hill is one of Saint Paul’s oldest and most popular neighborhoods. Known for its affluent mansions and pedestrian-oriented shopping and dining experiences, the Summit Hill neighborhood gives its residents a multitude of options to keep them busy year-round. The neighborhood of Highland Park lies on the Mississippi River and offers more of a small-town feel. Voted one of the best places to live in Minnesota, the Highland Park neighborhood includes a popular park on the Mississippi River bank, Hidden Falls Regional Park, that showcases 6.7 miles of paved trails, waterfalls, boat launch, and scenic picnic areas. The neighborhood also includes St. Catherine University, Highland Park Aquatic Center, and Highland National Golf Course. Lincoln Court Apartments, located in the Summit Hill neighborhood, was constructed in 1921 and features five studio/1-bathroom units at 400 square feet and 27 one-bedroom/one-bathroom units at 620 square feet. This property offers on-site laundry, a bike storage room, street parking, and a very short 2 block walk to Grand Avenue. Ford Parkway Apartments, located in the Highland Park neighborhood, was constructed in 1956 and features 22 studio/1-bathroom units at approximately 340 square feet. This property is walking distance to Hillcrest Park and Highland Park Public Library, and includes spacious walk-in closets, on-site parking, on-site laundry, and very walkable with access to all of the retail and shopping located on the Ford Parkway corridor. Highland Lane Apartments, located in the Highland Park neighborhood, was constructed in 1949 and features 18 one-bedroom/one-bathroom units at 550 square feet and two two-bedroom/ one-bathroom units at 636 square feet. The property is walking distance to many shops and restaurants, as well as public transportation. The Summit Hill & Highland Park Portfolio gives investors a rare opportunity to acquire legacy assets that have been under current ownership for multi-generations.

Exclusively Listed By

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