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Renovated Multi-Family Community
For Sale
Contact for pricing
Pending

991 Echo Drive SE, Hutchinson, MN 55350

Well-maintained 36-home apartment community with mostly two-bedroom layouts and recent exterior and mechanical improvements.

Property SizeContact for details
Days on Market307

Property Features for 991 Echo Drive SE

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 36

Building Details

Year Built 1978
Buildings 2
Units 36
Listing Agency: Michel Commercial Real Estate International
Listed By: Jesse Thurston · License #40737515
Source: Crexi
Added: Nov 4, 2025 Changed: Aug 28 Last Checked: Sep 2 at 1:22AM

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 Michel Commercial Real Estate International

Investment Insights

Based on property information with market context.

Michel Commercial presents the Hutchinson Apartments, a well-maintained 36-home community in Hutchinson, Minnesota. The property features mostly two-bedroom layouts, and recent renovations and capital improvements include newer siding and mechanical updates.

The Hutchinson Apartments has a strong history of occupancy. The offering is positioned in a submarket described as having consistent renter demand and limited new deliveries, supported by long-term economic stability.

For investors, the community’s mostly two-bedroom mix and documented capital improvements are key considerations for maintaining performance in place.

Key Highlights

  • 36‑home apartment community in Hutchinson, Minnesota
  • Year built: 1978
  • Mostly two‑bedroom apartment layouts

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom

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

Lease Details

36
Residential units

Location Intelligence

Trade Area within ½ mile

660
Businesses Nearby

Demographics for 55350, MN

18,669
Population
8,276
Households
2.3
Avg Household Size
42
Median Age
26%
College-Educated
96%
High-School Grad
159.9 sq mi
ZIP Area
117
Density / Sq Mi
$78,663
Median Household Income
$46,775
Median Earnings
$934
Median Rent
$238,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Well-maintained 36-home apartment community with mostly two-bedroom layouts and recent exterior and mechanical improvements.
Where is this apartment building located?
The property is located at 991 Echo Drive SE Hutchinson, MN.
What are key features of this property?
This property features: 36‑home apartment community in Hutchinson, Minnesota; Year built: 1978; Mostly two‑bedroom apartment layouts
More about this property
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