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88-Unit Multifamily Community in Morris
For Sale
$4,400,000

151 Sunnyslope Road, Morris, MN 56267

Well-maintained apartment complex near University of Minnesota-Morris.

Property Size6 SF
Price / SF$733,333
Days on Market264

Property Features for 151 Sunnyslope Road

General Information

Standard status Active
Size 6 SF

Building Details

Year Built 1970
Listing Agency: SVN GC Real Estate
Listed By: Steve Feneis · License #40795096
Source: Svn
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: May 11 at 7:14AM

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 SVN GC Real Estate

Investment Insights

Based on property information with market context.

Nature’s Edge Apartments, located in Morris, Minnesota, is a multifamily community comprising 88 units across five low-rise apartment buildings. Situated on 6.27 acres, the property features a mix of one-bedroom, two-bedroom, and three-bedroom apartments. Constructed in 1970 and renovated in 2002, the buildings have wood-frame construction with brick and siding exteriors, totaling 57,662 square feet. The property includes a fitness center, community room, and on-site office. Each apartment building has landlord-owned laundry rooms. There are 125 surface parking spaces available, along with a children’s playground and air conditioning sleeves in each unit. The property is serviced by Otter Tail Power Company and CenterPoint Energy Natural Gas, with cable broadband available. Located at 151 Sunnyslope Road, Nature’s Edge is approximately 1 mile from the University of Minnesota–Morris. Morris is the county seat of Stevens County and serves as a regional hub for education, healthcare, and agriculture. The property is approximately 150 miles northwest of Minneapolis and 95 miles west of St. Cloud. The property is zoned RM – Multiple Family Residence. The location benefits from strong tenant demand from students, faculty, and the local workforce. The property is suitable for self-managing investors or experienced local operators.

Key Highlights

  • Strong unit mix with 64 one‑bedroom, 16 two‑bedroom, and 8 three‑bedroom units, meeting reliable rental demand.
  • Located just 1 mile from the University of Minnesota–Morris, providing a strong tenant base.
  • Dedicated community building with fitness center, community room, and on‑site office.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby

Demographics for 56267, MN

6,647
Population
2,809
Households
2.4
Avg Household Size
33
Median Age
35%
College-Educated
92%
High-School Grad
194.3 sq mi
ZIP Area
34
Density / Sq Mi
$70,000
Median Household Income
$37,955
Median Earnings
$848
Median Rent
$201,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained apartment complex near University of Minnesota-Morris.
Where is this apartment building located?
The property is located at 151 Sunnyslope Road Morris, MN.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Strong unit mix with 64 one‑bedroom, 16 two‑bedroom, and 8 three‑bedroom units, meeting reliable rental demand.; Located just 1 mile from the University of Minnesota–Morris, providing a strong tenant base.; Dedicated community building with fitness center, community room, and on‑site office.
More about this property
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