Property Description:
Portfolio Assemblage of 4 Contiguous Single Family Homes on Selby Ave, Saint Paul
Drone Video Link: dropbox.com/s/583nvek3e4o0hle/Selby.MP4?dl=0
Zoned T2-Traditional Neighborhood (Opportunity Zone)
Multi-Opportunity: (1) student housing; (2) standard rental housing; (3) buy and flip as residential homes; (4) redevelop to Multi-Family or mixed use.
170 feet of frontage along Selby Avenue.
Phase 1 Completed January 24, 2020
Survey Completed February 12, 2020 (Spec Rendering for Redevelopment attached below, NOT APPROVED by City of St. Paul)
2 blocks from Snelling Avenue, a revitalized business area (retail, cafes, coffee shops, restaurants, Whole Foods)
Surrounded by several Colleges and Universities as well as Allianz Stadium and the Light Rail
Macalester College 0.6 miles away; Concordia College 0.7 miles; Allianz Field Soccer Stadium 0.7 miles; Light Rail is 0.9 miles; St. Thomas University 1 mile
Vehicles Per Day: 4,750 VPD (2019) on Selby Avenue; 42,000 VPD (2018) on Snelling Avenue (Hwy 51); 121,000 VPD (2020) on Interstate 94 (2020)
Sold As Assemblage only, Seller will not demise. All SFH are rented at this time, DO NOT DISTURB TENANTS!