Four-Building Apartment
For Sale
Contact for pricing
Pending
2040 Prairie Rose Dr, Mankato, MN 56001
Professionally managed multifamily property comprising four apartment buildings with a balanced unit mix and recent construction history.
Property SizeContact for details
Days on Market142
Property Features for 2040 Prairie Rose Dr
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
155
Building Details
Buildings
4
Listing Agency:
RE/MAX Dynamic Agents
(507) 720-4663
Listed By:
Carlos Carrera · License #MN 20451253
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 10:50PM
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 Dynamic Agents
Investment Insights
Based on property information with market context.
OHANA is a multifamily property comprising four apartment buildings and 155 total apartment units. The development was delivered in phases, with Phase I completed in 2018, Phase II in 2021, Phase III in 2023, and Phase IV in 2024. This construction timeline provides a portfolio of comparatively recent apartment improvements across the complex.
The property is located at 2040 Prairie Rose Dr in Mankato, Minnesota, within the Mankato Hilltop area. Shopping centers and established trade areas are nearby. Professional management is in place for ongoing property operations and tenant service.
The property is located at 2040 Prairie Rose Dr in Mankato, Minnesota, within the Mankato Hilltop area. Shopping centers and established trade areas are nearby. Professional management is in place for ongoing property operations and tenant service.
Key Highlights
- Four apartment buildings with 155 total units
- Phase I completed in 2018; Phase II completed in 2021
- Phase III completed in 2023; Phase IV delivered in 2024
Property Analytics
Property Profile
Current Use
Lease Details
155
Residential units
Location Intelligence
Trade Area within ½ mile
4
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 - Professionally managed multifamily property comprising four apartment buildings with a balanced unit mix and recent construction history.
Where is this apartment building located?
The property is located at 2040 Prairie Rose Dr Mankato, MN.
What are key features of this property?
This property features: Four apartment buildings with 155 total units; Phase I completed in 2018; Phase II completed in 2021; Phase III completed in 2023; Phase IV delivered in 2024
