$3,950,000
$3,995,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
11802 Emery Oaks LN N Champlin, MN 55316
1.34 Acres Lot
Key Details
Sold Price $3,950,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Emery Village 4Th Add
MLS Listing ID 6009823
Sold Date 09/24/21
Year Built 2020
Annual Tax Amount $3,667
Tax Year 2021
Contingent None
Lot Size 1.340 Acres
Acres 1.34
Lot Dimensions 375x105x348
Property Sub-Type Apartment
Property Description
12 new construction residential townhome/apartment units. High-end construction with beautiful finishes
throughout! Fully rented & stabilized in high-demand Champlin. Currently treated as apartments and all owned by the same Seller. This is a turn-key, stable investment opportunity in an excellent suburban location. Additional land for sale next to these units that can also be purchased (separate listing for $1.25M) for an additional 40 units of development.
These 12 units are comprised of two 6 unit buildings next to one another with each unit featuring 3 bedrooms, 4 baths with a 2 car garage. 4 total bathrooms consist of ½ bath 1st level, ½ bath 2nd level, full bath off the master on 3rd level, and full bath for the other 2 bedrooms on 3rd level. Very large spacious units with finished square footages ranging from 2,404 SF to 2,595 SF per unit. Zoning for this site is R-4 PUD
Each unit has it's own County Assessed PID# so these units could be sold as townhomes in the future.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Cooktop, Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
Exterior
Parking Features Attached Garage
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Asphalt,Pitched
Present Use Commercial,Residential
Building
Lot Description Irregular Lot
Story Three Or More
Foundation 9870
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Brick/Stone,Shake Siding,Vinyl Siding
Schools
School District Anoka-Hennepin
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP