608 Ridgewood Ave Apartments
Multifamily | 7 Units
Marketing description
Tenants pay for gas, water, and electric, helping reduce owner expenses
Large unit sizes with updated interiors that appeal to today’s renters
Extensive interior improvements completed throughout the property
Updated mechanical systems provide added operational stability
100% occupied with strong in-place cash flow
Well-maintained asset with limited near-term capital needs
Call Jake (612) 578-9413 for pricing guidance and for more info
Investment highlights
100% Occupied Asset providing immediate, stable in-place cash flow
Tenants Pay Gas, Water & Electric, significantly reducing operating expenses
Large Unit Layouts that outperform typical market product and drive tenant demand
Updated Interiors throughout, creating a modern, competitive rental offering
Recent Mechanical Upgrades supporting long-term operational stability
Well-Maintained Asset with limited near-term capital requirements
Strong Historical Performance with consistent occupancy and collections
Operational Upside through continued rent growth and expense optimization
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