Home / Minneapolis Area Apartments / Minnetonka / Contract For Deed - Cloud 9 Sky Flat Condo
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Updated over 1 month ago
Contact property manager for current availability

Contract For Deed - Cloud 9 Sky Flat Condo


5601 Smetana Dr Unit 608 Minnetonka, MN

Bed
Bath
2 Beds • 2 Bath
$2,600
1480 ft2
0 Available
Managed By: Vsm Real Estate Llc
-
$2,600
Rented
View
2 Beds • 2 Bath
$2,600
1480 ft2
0 Available
Managed By: VSM Real Estate
Contract For Deed - Cloud 9 Sky Flat Condo
$2,600
Rented
View
Where you'll live
Street View
Map View
Satellite View
Amenities
Garbage Disposal
Stainless Appliances
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

This condo is available on a SPECIAL Contract for Deed! This is a rare opportunity to live in one of Cloud 9's most sought-after condos. This home features 2 bedrooms, 2 bathrooms, 10 foot ceilings, and an entire wall of windows with captivating views. Amenities include, but not limited to: outdoor patios with firepits and grills, walking paths, a fitness center, picnic areas, 2 indoor parking spaces, and plenty of guest parking. Don't miss out! Book a showing today!
Contract for Deed Terms:
- Purchase Price $329,000
- 5% down payment / security deposit = $16,450 (Fully refundable if tenant buyer chooses to not purchase)
- One year / 12 month term or longer available
- $2600 per month
- Balloon payment due after term. Refinancing options available.
***Option - Tentant buyer can use up to $13,000 of the down payment / security deposit towards monthly payments.
Property Information
Utilities Included: Gas, water, sewer, trash, recycling, internet, and lawn/snow care
Tenant Paid Utilities: Electric
Pets: Allowed (e.g., dogs, cats)
HOA Compliance: If this property is part of a Homeowners Association (HOA), tenants and their guests are required to fully comply with all current and future HOA rules and regulations. (Only applicable to properties in HOAs)
Agency Disclosure: Fuze RE is an authorized agent of the property owner and represents them as their property management company. Fuze RE is committed to honesty and fair dealings with tenants and prospective tenants. Fuze RE and the property owner will adhere to all applicable laws related to this transaction.
Rental Acceptance Criteria: https://docs.google.com/document/d/1gwhW8sPXx8oCbWnRos2kvBfoj9sRWXcqdyvKZauBc-g/edit?usp=sharing
Fuze RE Fees & Requirements
Application Fee: $50
Contract for Deed Origination Fee: $300
Move-in Funds: Include the down payment /security deposit, first full month’s rent, and contract for deed origination fee.
Insurance: Tenant buyer must obtain insurance with no less than $100,000 in liability coverage prior to moving in.
Utility Accounts: Any utility accounts to be paid directly by the tenant must be in the tenant's name prior to moving in.
ESA Disclaimer: At Fuze RE, we are committed to supporting the proper and responsible use of Emotional Support Animals (ESAs). We strictly adhere to all federal and state laws, which require verified documentation from a licensed healthcare professional for each ESA.

Additional Details
Total Unit Count: 1
Last Updated: Updated over 1 month ago
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 100.0 10.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Rent report

If you upsized to an average priced Minnetonka 3 bedroom apartment, you would pay 27% more per month.

If you downsized to an average priced Minnetonka 1 bedroom apartment, you would pay 24% less per month.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Minnetonka Average
Studio $1,313 $2.60 $3,938
1BR $1,508 $1.90 $4,525
2BR $1,870 $1.70 $5,611
3BR $2,545 $1.60 $7,636
4BR $3,015 $1.40 $9,045

Availability in Minnetonka

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 133 2BR units on the market in Minnetonka. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
10% 39% 43% 7% 0%
Available Units in Minnetonka
Studio 32
1BR 120
2BR 133
3BR 22
4BR 1
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Park Nicollet Methodist Hosp 2.75 mi.
Fairview Southdale Hospital 3.87 mi.
Regency Hospital Of Mpls Llc 7.12 mi.
Nearby Fire Stations
Name Distance
Hopkins Fire Department 1.76 mi.
Hopkins Fire Department 2.29 mi.
St Louis Park Fire Department 2.84 mi.
FAQs
Is this property currently leasing units?
No. This property is not currently accepting new tenants.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 5601 Smetana Dr Unit 608 in Minnetonka, MN. It's 4.8 miles east from the center of Minnetonka.
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