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2040 Pr Rose Dr Mankato, MN 56001

155 Units, Prime Mankato Location

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a four-building, Class A apartment complex in Mankato, Minnesota. The property, totaling 155 units, is situated on a 7.1-acre lot at 2040 Prairie Rose Dr, 56001, in the desirable Mankato Hilltop area. Construction phases were completed in 2018, 2021, 2023, and 2024, ensuring modern amenities and design throughout the three-story buildings. The complex benefits from its proximity to major shopping centers and commercial areas, providing residents with unparalleled convenience. This institutional-grade investment features a strategic location within a rapidly growing segment of Mankato, promising strong potential for future appreciation. The property's stabilized status and professional management minimize risk and maximize operational efficiency, ensuring consistent tenant satisfaction and strong returns. With 155 units spread across four buildings, and two additional parking pads, this is a turnkey opportunity to acquire a high-quality, multifamily asset in a thriving Minnesota market. The property's modern design, prime location, and proven management make it an ideal investment for discerning buyers seeking a secure and profitable venture. This is a rare chance to own a significant piece of Mankato's burgeoning real estate landscape.

Highlights

  • Class A, 155-unit apartment building portfolio.
  • Four buildings totaling 155 units, constructed between 2018 and 2024.
  • Located on 7.1 acres in a prime Mankato, MN location near shopping and commercial areas.
  • Turnkey investment opportunity with professional management in place.
  • Excellent investment opportunity with strong potential for appreciation.

Property Details for 2040 Pr Rose Dr

Property type
Apartment buildings
Class
A
Year Built
2018
Buildings
4
Stories
3
Lot Size (sq. ft)
309,276 SF
Units
155

Location Insight

City
Mankato
County
Blue Earth
State
Minnesota
Latitude
44.155026
Longitude
-93.945965

FAQs

What type of property is this?
Apartment building - 155 Units, Prime Mankato Location
Where is the apartment building located?
The property is located at 2040 Pr Rose Dr Mankato, MN.
What are key features of this property?
This property features: Class A, 155-unit apartment building portfolio.; Four buildings totaling 155 units, constructed between 2018 and 2024.; Located on 7.1 acres in a prime Mankato, MN location near shopping and commercial areas.
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2040 Pr Rose Dr
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