11956 Emery Village Drive N, Champlin, MN 55316 (MLS# 6387838)


$2,500,000
11956 Emery Village Drive N
Champlin, MN 55316
MLS# 6387838
Status: Closed
24 beds  |  24 baths


11956 Emery Village Drive N, Champlin, MN 55316
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11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316 11956 Emery Village Drive N, Champlin, MN 55316

Property Description
8 Unit Apartment/Townhouse style building built in 2017. Fully rented in high-demand Champlin with room to increase rents. Currently leased as apartments and all owned by the same Seller, but developed with the flexibility to become townhomes. All units have 3 bedrooms and 3 bathrooms. The floor plan layouts on these 8 units consist of the following: Main level: 2 car garage, mechanical, and foyer entrance. 2nd Floor: great room, spacious kitchen, ½ bath, and 1 of the 3 bedrooms for the interior units. 3rd floor: The 4 Interior units on the 3rd floor have 2 bedrooms additional bedrooms on the 3rd floor, 1 large bathroom, walk-in closet, and in-unit laundry. The 4 End units on the 3rd floor have all 3 bedrooms on the 3rd level including a master bedroom with an attached master bathroom and walk-in closet, another full bath, and in-unit laundry. Finished square footage from 1,665-1,779 SF per unit. This building has a total of 17,940 SF built on 1.48 acres.

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2023-06-26
Current Price: 2500000
Closed Date: 2023-09-20
Sales Close Price: 2500000
Contingency: None
ListPrice: 2500000
List Date: 2023-06-15
Owner is an Agent?: Yes
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 16
Owner Occupied: No
Year Built: 2017
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Bedrooms: 24
Baths Total: 24
Foundation Size: 17940
Garage Stalls: 16
For Sale or Lease: For Sale
Acres: 1.48
Lot Dimensions: 324x189
Location Tax and Other Information
House Number: 11956
Street Name: Emery Village
Street Suffix: Drive
Street Direction Suffix: N
Postal City: Champlin
County: Hennepin
State: MN
Zip Code: 55316
Complex/Dev/Subdivision: Emery Village 4th Add
Assessments
Tax With Assessments: 32239.9
Building Information
Building Finished SqFt: 6240
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 21
Section#: 30
Township#: 120
Sale Options
Sale Includes: Leases, Rental License
Unit 1
Unit Number: 1
Full Baths: 2
Half Baths: 1
Total Bathrooms: 3
Total Bedrooms: 3
Leased?: Yes
Lease Expiration Date: 2023-12-31
Unit 2
Full Baths: 2
Half Baths: 1
Lease Expiration Date: 2024-04-30
Leased?: Yes
Total Bathrooms: 3
Total Bedrooms: 3
Unit Number: 2
Unit 3
No. of 3 Bedroom Units: 8
Full Baths: 2
Half Baths: 1
Lease Expiration Date: 2024-04-30
Leased?: Yes
Total Bathrooms: 3
Total Bedrooms: 3
Unit Number: 3
Unit 4
Full Baths: 2
Half Baths: 1
Lease Expiration Date: 2025-05-31
Leased?: Yes
Total Bathrooms: 3
Total Bedrooms: 3
Unit Number: 4
Unit 5
Full Baths: 2
Half Baths: 1
Lease Expiration Date: 2024-03-31
Leased?: Yes
Total Bathrooms: 3
Total Bedrooms: 3
Unit Number: 5
Unit 6
Full Baths: 2
Half Baths: 1
Lease Expiration Date: 2024-04-30
Leased?: Yes
Total Bathrooms: 3
Total Bedrooms: 3
Unit Number: 6
Unit 7
Full Baths: 2
Half Baths: 1
Lease Expiration Date: 2024-01-31
Leased?: Yes
Total Bathrooms: 3
Total Bedrooms: 3
Unit Number: 7
Unit 8
Full Baths: 2
Half Baths: 1
Lease Expiration Date: 2023-07-31
Leased?: Yes
Total Bathrooms: 3
Total Bedrooms: 3
Unit Number: 8
Unit Details
Total Units: 8
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Shared: Concrete Floors & Walls; Fire Sprinkler System; In-Ground Sprinkler System; Porch
Amenities Unit: Balcony; Deck; In-Ground Sprinkler; Patio; Porch; Primary Bedroom Walk-In Closet; Washer/Dryer Hookup
Appliances: Cooktop; Dishwasher; Dryer; Freezer; Microwave; Range; Washer
Basement: Slab
CMU Style: Apartments/Multi Family; Low Rise
Construction Status: Completed New Construction
Current Use: Commercial; Residential
Exterior: Brick/Stone; Shakes; Vinyl
Financing Terms: Cash
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Location Description: Free Standing
Lock Box Type: None
Lot Description: Irregular Lot
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Owner Pays: Insurance; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water
Pool Description: None
Rental License Type: Standard
Roof: Age Over 8 Years; Asphalt Shingles; Pitched
Sewer: City Sewer/Connected
Stories: Three Or More
Tenant Pays: Cable TV; Electricity; Fuel
Wall Description: Drywall
Water: City Water/Connected

Listing Office: RE/MAX Results

Last Updated: August - 07 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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