Southtown Apartments | 8133 Bloomington Fwy
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Southtown Apartments 8133 Bloomington Fwy
47 Unit Block of Flats £6,301,292 (£134,070/Unit) Bloomington, MN 55420
Investment Highlights
- Great Location Off of 35W
- Under Ground Parking
- Party Room and Pool
Executive Summary
Southtown Apartments is a 47-unit low-rise style market-rate apartment. this building was built in 1964 and is situated on a 2.16-acre site.
Unique property characteristics are the property has 47 lower-level garage stalls and its location fronting along I-35W, the main highway running north/south through the Twin Cities, and recreational amenities such as an enclosed swimming pool and party room.
Contact listing Agents for NDA, once signed and returned we will provide financials. 48-hour notice for all tours.
Unique property characteristics are the property has 47 lower-level garage stalls and its location fronting along I-35W, the main highway running north/south through the Twin Cities, and recreational amenities such as an enclosed swimming pool and party room.
Contact listing Agents for NDA, once signed and returned we will provide financials. 48-hour notice for all tours.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£63,488
|
£1.05
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£63,488
|
£1.05
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | £63,488 |
| Annual Per SF | £1.05 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £63,488 |
| Annual Per SF | £1.05 |
Property Facts
| Price | £6,301,292 | Building Class | C |
| Price Per Unit | £134,070 | Lot Size | 2.16 AC |
| Sale Type | Investment | Building Size | 73,267 SF |
| No. Units | 47 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 3 |
| Property Subtype | Apartment | Year Built | 1964 |
| Apartment Style | Low Rise | Parking Ratio | 1.77/1,000 SF |
| Price | £6,301,292 |
| Price Per Unit | £134,070 |
| Sale Type | Investment |
| No. Units | 47 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 2.16 AC |
| Building Size | 73,267 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.77/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Wooden Floors
- Refrigerator
- Oven
- Range
- Carpet
- Patio
Site Amenities
- Controlled Access
- Clubhouse
- Fitness Centre
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 21 | - | 700 |
| 2+1 | 23 | - | 850 |
| 2+2 | 3 | - | 1,100 |
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PROPERTY TAXES
| Parcel Number | 04-027-24-13-0053 | Total Assessment | £4,284,178 (2023) |
| Land Assessment | £813,683 (2023) | Annual Taxes | £63,488 (£0.87/sf) |
| Improvements Assessment | £3,470,495 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
04-027-24-13-0053
Land Assessment
£813,683 (2023)
Improvements Assessment
£3,470,495 (2023)
Total Assessment
£4,284,178 (2023)
Annual Taxes
£63,488 (£0.87/sf)
Tax Year
2024
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Southtown Apartments | 8133 Bloomington Fwy
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