Entrez dans la "Deal Room" pour accéder aux autres documents relatifs à cette propriété.
|Taille de la propriété||
|Number of units||40|
Description de la propriété
JONES LANG LASALLE (JLL), as exclusive advisor, is pleased to offer for sale - Pekin & Peoria - a unique 40-unit legacy, brownstone property that offers immediate scale in the dynamic and popular neighborhood of Uptown, Minneapolis.
The Offering presents the extraordinary opportunity to acquire several assets in a condensed, high-barrier-to-entry market, where trades of classic, brownstone properties are few and far between. Professionally managed by industry experts for over 20+ years, the properties have been well-maintained, with several improvements and capital expenditures utilized to preserve the historic charm and attractiveness to tenants. With significant rental upside through strategic in-unit renovations and historically low-financing available, an investor can make a significant entry into the Uptown market or add management efficiencies to an already existing portfolio.
Informations clés concernant l'investissement
Value Add Potential
Due to the thorough upkeep of the common areas, a new owner can immediatley renovate the units for a prompt increase in rents.
Attractive going-in basis well below today's high replacement costs with the ability to place historically low financing to maximize cash-on-cash returns.
Supply constrained Uptown neighborhood.