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Crystal Court Apartments

Crystal Court Apartments

6001 Bass Lake Road  /

Property Details

Price: $ 2,555,000
Property Type Multifamily
Total Lot Size: 0.45 Acres
Year Built: 1960
Number of Units: 32
Garages: 32
County: Hennepin

Description

The Crystal Court Apartments provides a great value add opportunity! While many of the major components of the buildings have been addressed (newer roofs and newer boilers), upgrades to the apartment units will allow for a significant increase in rents. There are two 16 unit buildings with each building having 15 one bedroom units and 1 efficiency unit. Each unit has it's own laundry washer and dryer and hot water heater. There is also assigned off-street parking for each unit. Schedule your showing today!

Location

The Crystal Court Apartments is located in Crystal, MN at the southeast quadrant of Hwy. 81 and Bass Lake Rd. This is an excellent location with retail, grocery, and dining within walking distance from the property! The proposed light rail expansion adds to the desirability of the property with a proposed light rail station at the same intersection as the property.

Highlights

  • Future light rail station across the street (proposed)
  • Excellent location
  • Value-add opportunity
  • 30 one bedroom units
  • 2 efficiency units
  • Assigned off-street parking for each unit
  • In-unit washers and dryers
  • In-unit hot water heaters
  • All brick exterior
  • Newer roofs
  • Newer high efficiency boilers in both buildings

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