Contacts
Property Details
- Property Type Other
- Lot Size 0.25 Acre
- Additional Rent Contact for pricing
- Year Built 2009
- Date Updated Dec 17, 2024
Colliers is pleased to present for sale 3021 Holmes, a 60-unit community located in the dynamic Uptown neighborhood of Minneapolis, MN.
Investment Highlights
Unprecedented Opportunity to Acquire a Top-Tier Apartment Community
- Incredible potential to acquire a highly amenitized, boutique apartment available 50%-55% below today's replacement cost.
- Immediate rent growth opportunity as the neighborhood sees a resurgence in activity and current rent levels at the property remain 11% below 2019 levels.
- Superior amenity package with heated bathroom floors, floor-to-ceiling windows, a fitness center, heated underground parking, and much more.
Exceptional Location Blocks Away from Minneapolis' Chain of Lakes
- Fantastic location in the vibrant and rapidly growing Uptown neighborhood, which has experienced an 81.3% population growth since 2000.
- Priceless location near Minneapolis' most sought-after lakes provides tremendous opportunity for long-term demand.
- Minneapolis-St. Paul continue to rank second in the nation in absorption as the market's housing shortage remains at 76,000 units and the development pipeline remains stagnant due to inclusionary zoning, rising labor and material costs, and the increased cost of capital.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
94/100
Walk Score ®
-
56/100
Transit Score ®
-
96/100
Bike Score ®
Location
- City Minneapolis, MN
- Neighborhood Uptown Minneapolis
- Zip Code 55408
- Market Minneapolis St Paul
Points of Interest
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Lakewood Cemetary Stop
0.86 miles
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West 21st Street
1.18 miles
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West Lake Street
1.23 miles
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Cottage City Stop
1.23 miles
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42nd St Depot
1.46 miles
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Bryn Mawr
1.49 miles
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Bassett Creek Valley
1.86 miles
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Beltline Boulevard
1.98 miles
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Royalston
2.46 miles
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Nicollet Mall
2.58 miles
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Speedway
0.47 miles
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Marathon
0.63 miles
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Holiday
0.72 miles
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minnoco
0.88 miles
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AM Automation
1.57 miles
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Tesla Supercharger
2.52 miles
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ChargePoint
3.24 miles
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Greenlots
3.84 miles
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Seven Points Parking Ramp
0.13 miles
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Leaning Tower Parking Lot
1.00 miles
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MCAD Parking Lot C
1.37 miles
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28th St Parking
1.39 miles
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Vineland Place Ramp
1.50 miles
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110 Grant Apartments Visitor Parking
1.82 miles
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Green Ramp
1.85 miles
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110 Grant Apartments Resident Parking
1.86 miles
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Loring Parking Ramp
1.87 miles
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Overflow Parking Ramp
1.92 miles
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Moxy Minneapolis Uptown
0.26 miles
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Minneapolis International Hostel
1.40 miles
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300 Clifton
1.51 miles
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Millennium Hotel
1.93 miles
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Hyatt Regency Minneapolis
1.93 miles
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DoubleTree Suites by Hilton Hotel Minneapolis
2.09 miles
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Hotel Ivy, a Luxury Collection Hotel, Minneapolis
2.10 miles
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Holiday Inn Express Minneapolis Downtown Convention Center
2.11 miles
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Hilton Garden Inn Minneapolis Downtown
2.13 miles
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Hilton Minneapolis
2.16 miles
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Seven Points
0.08 miles
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Lunds & Byerlys
0.09 miles
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Cub Foods
0.30 miles
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Kowalski's Uptown Market
0.73 miles
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ALDI
0.78 miles
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Nicollet Halal Market
1.10 miles
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Wedge Co-Op
1.11 miles
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Shuang Hur Supermarket
1.11 miles
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Whole Foods Market
1.12 miles
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Good Grocer
1.12 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
