2040 Pr Rose Dr Mankato, MN 56001
- Apartment buildings
- 7.10 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 2040 Pr Rose Dr
- Year built
- 2018
- Lot size
- 7.10 lot acres
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mankato
- County
- Blue Earth
- State
- Minnesota
- Longitude
- -93.946
- Latitude
- 44.155
