Northeast Multifamily Portfolio
Multifamily | 35 Units
Marketing description
Kiser Group is pleased to present for sale the Northeast Portfolio, a 35-unit, three-property multifamily portfolio located in the trendy Northeast Minneapolis Neighborhood. The properties are located throughout Northeast Minneapolis, offering direct access to an eclectic mix of hip bars and eateries, breweries, and coffee shops as well as recreational amenities at the Mississippi riverfront and Boom Island with close proximity to Target Field, Target Center, U.S. Bank Stadium, the Theater District, and the Central Business District. The current ownership has completed extensive renovations of both the exterior and interior elements of all three properties over the last several years. All units are “best-in-class” and feature new cabinets, granite countertops, subway tile backsplash, LVT flooring, as well as complete bathroom remodels that include new tubs, tile, vanity, toilets, and lighting
Northeast Minneapolis is a vibrant neighborhood blending recreation, culture, and history with easy access to popular attractions. Nestled along the Mississippi River and accessible from the freeway, it extends into a thriving industrial oasis. The area features commercial districts along University Avenue, Central Avenue, East Hennepin Avenue, and Broadway Street, offering diverse amenities. With a mix of old architecture, classic housing, bustling commercial streets, industrial work centers, and a popular art scene, Northeast is a dynamic part of the city. It provides walkable access to restaurants, breweries, bars, entertainment venues, riverfront parks, and neighborhood shopping, making it one of the most exciting neighborhoods in Minneapolis.
Investment highlights
- 35-unit, three-property multifamily portfolio
- Trendy Northeast Minneapolis Neighborhood
- Proximity to Target Field, Target Center, and U.S. Bank Stadium
- Extensive renovations to exterior and interior elements
- "Best-in-class" units with modern features and finishes
- Complete bathroom remodels with new tubs, tile, vanity, toilets, and lighting
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