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Multifamily

Kenwood Apartments

2517 Bryant Ave S, Minneapolis, MN 55405

Listing Price: Request For Offer

Number of Units
24
Gross SF
21,848

Investment Overview

Built in 1923, Kenwood Apartments is a beautiful 19-unit, brick structure resting on nearly a quarter of an acre that is positioned within proximity to downtown Minneapolis and the Chain of Lakes. The Kenwood community has a unit mix of 7 one-bed/one-bath units that average 507 square feet and 12 two-bed/one-bath apartments that average 783 square feet in size. Current rent starts at $895 and goes up to $1,515 per month with all units having been completely renovated but one. Interior updates benefitting this property include remodeled kitchens and bathrooms fitted with stainless steel appliances, granite countertops, classic built in cabinets and fixtures. Apartments are nicely appointed with neutral finishing’s, plenty of closet place, French doors, hardwood flooring and original woodwork. Aside from cosmetic changes, other significant improvements include the replacement of the boiler in 2009, windows in 2012, and more recently a new roof in 2020.

Investment Highlights

  • 18 out of 19 Units Have Been Fully Renovated
  • Ample Off-Street Parking, On-Site Laundry, Bike Storage
  • Classic Brownstone Featuring Built in Cabinets, French Doors, Original Woodwork
  • CAPEX; Boilers (2009), Re-tiled Front Entry (2010), Windows (2012), Roof (2020)
  • Quick Access to Central Minneapolis and Uptown Neighborhood

Exclusively Listed By

Financing By

Listing Price: Request For Offer

Number of Units
24
Gross SF
21,848

Investment Highlights

  • 18 out of 19 Units Have Been Fully Renovated
  • Ample Off-Street Parking, On-Site Laundry, Bike Storage
  • Classic Brownstone Featuring Built in Cabinets, French Doors, Original Woodwork
  • CAPEX; Boilers (2009), Re-tiled Front Entry (2010), Windows (2012), Roof (2020)
  • Quick Access to Central Minneapolis and Uptown Neighborhood

Investment Overview

Built in 1923, Kenwood Apartments is a beautiful 19-unit, brick structure resting on nearly a quarter of an acre that is positioned within proximity to downtown Minneapolis and the Chain of Lakes. The Kenwood community has a unit mix of 7 one-bed/one-bath units that average 507 square feet and 12 two-bed/one-bath apartments that average 783 square feet in size. Current rent starts at $895 and goes up to $1,515 per month with all units having been completely renovated but one. Interior updates benefitting this property include remodeled kitchens and bathrooms fitted with stainless steel appliances, granite countertops, classic built in cabinets and fixtures. Apartments are nicely appointed with neutral finishing’s, plenty of closet place, French doors, hardwood flooring and original woodwork. Aside from cosmetic changes, other significant improvements include the replacement of the boiler in 2009, windows in 2012, and more recently a new roof in 2020.

Exclusively Listed By

Financing By

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