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29806390
29806389

7940 Bloomington Ave S & 8229 18th Ave S, Bloomington, MN 55425 For Sale

RD
MN MN40961803
Kiser Group
Kiser Group
Listed by Kiser Group
Unpriced
145 days on market
Updated 112 days ago

BestBloom Townhomes

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 23,244
Year Built 1983

Multifamily

Marketing description

Rare Unit Mix with True Family-Scale Layouts
20 oversized three-bedroom units — an extremely uncommon mix in the Twin Cities, particularly in stabilized suburban assets. This drives stronger tenant retention and broader renter demand.
Large Floor Plans = Sticky Tenants & Lower Turnover
Generously sized units appeal to families and long-term renters, reducing vacancy risk and limiting leasing costs compared to studio/1BR-heavy assets.
Two-Building Portfolio with Operational Efficiency
These assets allow for centralized management, maintenance efficiencies, and portfolio-style operations without sacrificing neighborhood appeal... Especially if you already own in the area
Suburban Stability with Urban Accessibility
Offers the best of both worlds: suburban tenant profile and demand stability with quick proximity to Minneapolis employment centers, retail, and amenities.
High Barriers to Entry for New Supply
Large-unit multifamily development in Bloomington is extremely limited, making this existing asset insulated from oversupply pressure.
Strong Demand for 3BR Rentals in a Supply-Constrained Market
Family-sized rental housing remains underbuilt across the metro, positioning this asset to outperform during market volatility.
Attractive Long-Term Hold or Portfolio Anchor
Ideal for investors seeking predictable cash flow today with steady rent growth over time in a mature, high-quality suburb.
Defensive Investment Profile
Unit mix, location, and tenant base create resilience against economic cycles compared to luxury or small-unit-focused assets.

Located in the vibrant city of Bloomington, MN, BestBloom Townhomes offers an ideal location for multifamily investors. Surrounded by popular attractions, residents can explore the renowned Mall of America, just a stone's throw away from the property, providing unparalleled shopping, dining, and entertainment options. Additionally, the nearby Minnesota Valley National Wildlife Refuge offers a serene natural escape, perfect for outdoor enthusiasts. With easy access to major highways and the Minneapolis−Saint Paul International Airport, the area ensures convenience for residents. Investors will appreciate the prime location and diverse attractions that make BestBloom Townhomes an exceptional opportunity in the thriving Bloomington area.

Investment highlights

  • All units are 3-bedroom, 1.5-2 bathrooms
  • Rare family-scale unit mix drives retention
  • Large floor plans reduce turnover risk
  • Two-building portfolio enables operating efficiencies
  • Stable suburb with urban accessibility
  • 25 Garages and 30 off-street surface parking spaces
  • In-unit washer & dryer

Listing Contacts

RD
MN MN40961803
Kiser Group
Kiser Group
Listed by Kiser Group

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Additional Information

Name
Robert Dulin
License
MN40961803
Brokerage
Kiser Group
Title
Managing Broker (MN)
Brokerage Address
200 Southdale Center
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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