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Mount Royal Manor Offering Memorandum

Mount Royal Manor is a 114 unit apartment community located in the Chester Park neighborhood of Duluth, Minnesota. The seven-story building gives tenants picturesque and unparalleled views of the University, downtown Canal Park, and Lake Superior, creating a true North Shore experience for residents.

Mount Royal Manor is a 114 unit apartment community located in the Chester Park neighborhood of Duluth, Minnesota. The seven-story building gives tenants picturesque and unparalleled views of the University, downtown Canal Park, and Lake Superior, creating a true North Shore experience for residents.

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PROPERTY DESCRIPTION<br />

<strong>Mount</strong> <strong>Royal</strong> <strong>Manor</strong><br />

Phase II: New Development Opportunity<br />

TOTAL GROSS AREA<br />

LEVEL<br />

AREA<br />

Level 6<br />

25,825 ft²<br />

Level 5<br />

25,825 ft²<br />

Level 4<br />

25,825 ft²<br />

Level 3<br />

25,825 ft²<br />

Level 2<br />

25,826 ft²<br />

Level 1<br />

30,764 ft²<br />

Level -1<br />

30,764 ft²<br />

Grant Total<br />

190,655 ft²<br />

RESIDENTIAL UNIT MIX<br />

ROOMS<br />

NAME COUNT UNIT AREA BED BATH DEN<br />

Unit 0-1 10 457 ft² 0 1 0<br />

<br />

Unit 0-2 13<br />

Total Gross Area<br />

581 ft² 0 1 0<br />

Level<br />

Area<br />

Unit 1-1 45Level 6 25,825719 ft² ft² 1 1 0<br />

Level 5 25,825 ft²<br />

Unit 1-2<br />

Level 4<br />

8Level 3<br />

ft²<br />

25,825802 ft²<br />

ft² 1 1 1<br />

Level 2 25,826 ft²<br />

Unit 2-1<br />

Level 1<br />

Level -1<br />

20Grand total<br />

30,764 ft²<br />

30,764 ft²<br />

996 ft²<br />

190,655 ft²<br />

2 2 0<br />

Unit 2-2 10 998 ft² 2 2 0<br />

Unit 3-1 10 1,188 ft² Residential Unit Mix 3 3 0<br />

Unit Area<br />

Rooms<br />

Unit 4-1 10 1,498 Gross ft² Net 4 3 ADA0<br />

Name Count Area Area Bed Bath Den Type<br />

Total: 126<br />

Unit 0-1 10 457 ft² 0 1 0<br />

Unit 0-2 13 581 ft² 0 1 0<br />

Unit 1-1 45 719 ft² 1 1 0<br />

Unit 1-2 8 802 ft² 1 1 1<br />

Unit 2-1 20 996 ft² 2 2 0<br />

Unit 2-2 10 998 ft² 2 2 0<br />

Unit 3-1 10 1,188 ft² 3 3 0<br />

Unit 4-1 10 1,498 ft² 4 3 0<br />

Grand total: 126 126<br />

PARKING SCHEDULE<br />

LEVEL<br />

COUNT<br />

14 SPACES<br />

15 SPACES<br />

15 SPACES<br />

Garage Stalls<br />

Parking Schedule<br />

Level -1 94<br />

Level Type Count<br />

Level 1 94<br />

Garage Stalls<br />

Level -1 94<br />

Level 1 94<br />

188<br />

TOTAL 188<br />

Site Stalls<br />

Site Stalls<br />

Level 1 68<br />

68<br />

256<br />

Level 1 68<br />

TOTAL 68<br />

GRAND TOTAL 256<br />

<br />

<br />

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are<br />

approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future<br />

performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2016 Marcus & Millichap ACT ID Y0510304<br />

17

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