Kaposia Terrace Apartments
1028 8th Avenue
South St. Paul, MN 55075
Number of Units: 48
Project Type
Acquisition / Substantial Rehabilitation
Target Market
Multi-Family Rental Apartments —
(100% Low Income Housing Tax Credit)
Project Narrative
Originally built in the 1960′s, the Rose Apartments consists of four 2 1/2 story walk-up apartments with twelve 2-bedroom units in each building. At the time of acquisition the property was in desperate need of repair and in serious threat of condemnation. The rehab included complete replacement of the mechanical systems, windows, roofs, and replacement of all interior cabinets, doors, flooring, and fixtures.
Services Provided
Property Acquisition
Project Administration
Design / Construction Supervision
Project Marketing
Property Management
Project Data
Type of Unit: 2 1 /2 – Story Walk-up Apartments
Number of Units: 48
Number of Buildings: 4
Total Site Area: 1.56 Acres