Listed by MRG Realty Partners
$990,000
The Miro Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Units 11
Occupancy 100%
Class C
Year Built 1962
Buildings 1
Stories 3
Parking Spaces 11 spaces
Multifamily | 11 Units | $90,000/unit
Marketing description
The Miro Apartments are an 11-unit multifamily asset offering strong in-place cash flow and an opportunity to value-add through continued operational improvements. The property fully utilizes RUBS for utility recapture and is enrolled in the Minneapolis 4D Program, providing significant property tax savings and enhanced long-term returns.
To Schedule a showing or for more info please reach out to MaryPat (406) 291-9103 or Jake (612)578-9413
Investment highlights
11-Unit Multifamily Asset
Fully Implemented RUBS – Ratio Utility Billing System allows for utility expense recapture, improving NOI.
Minneapolis 4D Program – Significant property tax savings that enhance annual cash flow and overall investment performance.
Listing Contacts
Listed by MRG Realty Partners
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