982 Ivy Ave

• 18-Unit Apartment Asset This 18-unit multifamily property offers a balanced unit mix with studios, one-bedrooms, and two-bedrooms.
• Meaningful Rental Upside In-place rents sit below the underwritten market levels, creating a clear path to grow income over time.
• Appealing Unit Mix The property’s concentration of smaller-format units aligns well with everyday renter demand and supports leasing flexibility.
• Off-Street Parking Amenity Off-street parking provides added convenience for residents and enhances the overall tenant offering.
• Stabilized Income Growth The underwriting reflects a documented increase in income from current operations to a higher stabilized performance level.
• Quiet Saint Paul Setting Located at 982 Ivy Ave, Saint Paul, MN 55106, the property sits in a quiet neighborhood on St. Paul’s East Side.