Investment Overview

Marcus & Millichap, as exclusive listing agent, is pleased to present Krystal Kourt Apartments, offered for sale for the first time in nearly 45 years. This 36-unit multifamily community is located in Crystal, Minnesota, and features an ideal unit mix of 18 one-bedroom and 18 two-bedroom residences. Built in 1966 and consistently well maintained, the property has benefited from continuous capital investment, including new roofs across all three buildings in 2025. The spacious apartments average 825 square feet, with current rents of $1,003 per month, providing investors with a stable income stream and clear upside potential through future rent growth. Situated on a generous 2.43-acre site, the community offers 36 garage stalls and 31 surface parking spaces, ensuring ample resident parking. Directly across from Broadway Park, residents enjoy immediate access to basketball courts, green space, and outdoor recreation, while the property’s layout and neighborhood setting foster a comfortable, community-oriented living environment. Less than a mile from the West Broadway retail corridor, Krystal Kourt combines the convenience of nearby shopping, dining, and entertainment with the feel of a residential neighborhood. With its long-term ownership, prime location, recent capital improvements, and significant value-add potential, Krystal Kourt Apartments represents a rare and compelling multifamily investment opportunity in the Twin Cities market.