Property Type:
Residential Income
Square Footage:
12,120
Lot Size (sq. ft.):
16,901
Status:
Closed
Current Price:
$1,133,153
List Date:
11/11/2020
Last Modified:
1/28/2021
Overview
Description
Offered for sale for the first time for sale in over 15 years – a retro, cool, and hip architecturally interesting building at 2612 Dakota NE. This community contains 20 units and is one of the signature buildings of well-known apartment developer, Frank Alexander. Sister communities include the Omega, the Alpha Compacts, the Theta and Central Part apartments.
The property is one ½ block north of Menaul Blvd, and one block due north of the former Sears store at Coronado Mall. This location is poised to take advantage of the Uptown renaissance in new retail and recently renovated apartment communities.
The ask price of $1,133,152 is 14% lower than the market comparables of $1,319,069 and an indication that the property could use some upgrades to achieve its full potential.
Last Updated: January - 28 - 2021
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