You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Apartment buildings

2040 Pr Rose Dr Mankato, MN 56001

7.1 ac lot Built 2018
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 2018
Lot 7.1 ac (309,276 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2040 Pr Rose Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message