Apartment Building Near Mayo
For Sale
Contact for pricing
115 Echo Street, Mankato, MN 56001
Apartment building near Mayo Clinic Health System in Mankato.
Property Size48,696 SF
Price / SF$154.02
Days on Market111
Property Features for 115 Echo Street
General Information
Standard status
Active
Size
48,696 SF
Class
C
Total Parking Spaces
56
Property subtype
Multifamily
Occupancy
95%
Investment Type
Stabilized
Building Details
Year Built
1964
Year Renovated
2020
Buildings
2
Units
47
Tenancy
Multi
Listing Agency:
RE/MAX Results
Listed By:
Kevin Goettl · License #MN 95340
(651) 500-4720
Source:
Crexi
Added: May 15
Changed: Aug 31
Last Checked: Aug 31 at 2:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results
Investment Insights
Based on property information with market context.
This apartment building is located adjacent to Mayo Clinic Health System in Mankato. The hospital serves as a major regional healthcare center, creating consistent demand for nearby housing. The building is constructed of concrete, and the garage is built to stand the test of time. Updates include the rubber roof, heating system, cooling system, and tiled and decorated entry and common areas. The property includes a penthouse accessible by the elevator on the 7th floor. The property size is 48696 square feet.
Key Highlights
- Exceptional rental property in an A+ location.
- Adjacent to Mayo Clinic Health System – Mankato, providing consistent tenant demand.
- All concrete building and garage ensuring durability.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Explore this area
Business Placement
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building near Mayo Clinic Health System in Mankato.
Where is this apartment building located?
The property is located at 115 Echo Street Mankato, MN.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Exceptional rental property in an A+ location.; Adjacent to Mayo Clinic Health System – Mankato, providing consistent tenant demand.; All concrete building and garage ensuring durability.
