This is an amazing opportunity to acquire a solid built 24-unit in the heart of Shakopee, MN. Each unit is clean and well maintained with the upper floors offering spacious balconies. The unit mix is 23 two-bedroom and 1 one-bedroom. Built in 1971 and sits on over 1.38 acres. Beautiful brick exterior with newer windows and thoughtfully landscaped. Stabilized and fully rented with coin laundry, 24 detached garages and plenty of off-street parking. Perfect for your 1031 purchase!!

Shakopee is a premier investment destination due to its rapidly growing population (approaching 42,000), and a booming, diversified economy anchored by major Fortune 500 companies like Amazon, Shutterfly and MyPillow. Known as “Where the Midwest Comes to Play” Shakopee is the recipient of a brand new 19,000-seat Amphitheatre and home to the Minnesota Renaissance Festival. Other perks feature the Canterbury Park and the high-value tourist attraction of Valleyfair. The city offers strong rental demand, and A-rated school district, and a revitalized downtown, all while being a key, high-growth area in the Twin Cities submarket.

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