11802 Emery Oaks Lane N $3,995,000

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    11802 Emery Oaks Lane N Champlin, MN 55316

    • 1.34 Acres
    • Commercial
    • MLS# 6009823
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    Views: 130 Days On Site: 100

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    Property Details

    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 ?? bath 1st level, ?? 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.

    • General Features
      • Association Amenities In-Ground Sprinkler System, Fire Sprinkler System, Concrete Floors and Walls
      • Contingency Inspection
      • County Or Parish Hennepin
      • Current Use Commercial,Residential
      • Inclusions Building,Land,Leases,Rental License
      • Number Of Units Total 12
      • Property Sub Type Apartment
      • Subdivision Name Emery Village 4th Add
      • Tax Annual Amount 3667
      • Tax Year 2021
      • Year Built 2020
    • Building Features
      • Accessibility Features None
      • Appliances Range, Cooktop, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
      • Basement Slab
      • Construction Materials Shake Siding, Vinyl Siding, Brick/Stone
      • Cooling Central Air
      • Garage Spaces 0
      • Heating Forced Air
      • Levels Three Or More
      • Roof Asphalt, Pitched
    • Property Features
      • Lot Features Irregular Lot
      • Lot Size Dimensions 375x105x348
      • Parking Features Attached Garage
      • Sewer City Sewer/Connected
      • Utilities Heating Separate, Electric Separate, Hot Water Separate
      • Water Source City Water/Connected
      • Waterfront Y/N No

    Contact

    Meghan Meyers-Kasten

    Meghan Meyers-Kasten

    REALTOR®

    BHHS North Properties Onalaska, WI

    Mobile: 772-532-3028
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    • HSA Home Warranty logo
    • HomeServices Insurance logo
    • Prosperity First Title logo

    Neighborhood

    55316 (Champlin) Demographics

    37 Median Age
    2,937 Population Density (per sq. mile)
    52% College Educated
    $84,042 Estimated Median Income
    7,331 Estimated Total Home Owners
    1,339 Estimated Total Renters
    85% / 15% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    23,929 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $332,950 Median Sales Price
    54 Homes Sold
    45 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,995,000
        6/16/2021 11:54:00 AM New in Database Source: Multiple Listing Service New Value: $3,995,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.