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.