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Newer Development For Sale-155 Units 2040 Prairie Rose Dr

155 Unit Apartment Building For Sale Mankato, MN 56001

Investment Highlights

  • In-unit washer/dryers and other amenities
  • Secured buildings
  • Elevators
  • Great location near trade areas
  • Low maintenance

Executive Summary

Investment Opportunity at OHANA: Prime Four-Apartment Building Portfolio in Mankato Hilltop
Explore an exclusive investment opportunity at OHANA, a strategically positioned four-apartment building complex boasting a total of 155 units with an optimal mix. This lucrative investment comprises Phase 1 constructed in 2018, Phase II completed in 2021, Phase III completed in 2023 and Phase IV delivered early 2024 ensuring modern amenities and design.
Situated in the flourishing Mankato Hilltop region, OHANA enjoys proximity to prominent shopping centers and trade areas, making it a prime choice for residents seeking convenience and accessibility. The strategic location places it in the heart of the city's growing segment, presenting an enticing prospect for sustained property appreciation.
OHANA stands out as a stabilized asset, mitigating risks for investors, and is under the proficient management of seasoned professionals, ensuring operational efficiency and tenant satisfaction. This investment opportunity offers a rare combination of contemporary architecture, strategic location, and professional management, making it an ideal choice for those seeking a secure and rewarding investment in the dynamic real estate market of Mankato. Seize the chance to be part of the OHANA success story and reap the benefits of a thriving investment in one of the city's most promising locales.

Property Facts

Sale Type Investment
No. Units 155
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class A
Lot Size 7.12 AC
Building Size 183,875 SF
No. Stories 3
Year Built 2019

Unit Amenities

  • Balcony
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Freezer
  • Patio

Site Amenities

  • 24 Hour Access
  • Clubhouse
  • Wi-Fi
  • Maintenance on site
  • Online Services

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R01.09.15.351.006
Land Assessment
$1,401,100 CAD
Improvements Assessment
$13,042,453 CAD
Total Assessment
$14,443,553 CAD
  • Listing ID: 32629595

  • Date on Market: 2024-07-30

  • Last Updated:

  • Address: 2040 Prairie Rose Dr, Mankato, MN 56001

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