Ohana - PHASE I & II
2040 Prairie Rose Drive ,
Mankato, MN 56001
PHASE I & II
10.87
GRM
145,926
Land SF
75
Phase I & II Number of Units
2018 | 2021
Year Built
84,816
Building SF
R-4 Multi Family
Zoning Type
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10.87
GRM
145,926
Land SF
75
Phase I & II Number of Units
2018 | 2021
Year Built
84,816
Building SF
R-4 Multi Family
Zoning Type
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 I constructed in 2018, Phase II completed in 2021, Phase III completed in 2023 and Phase IV delivered in 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.
Great Mankato
The City of Mankato, nestled in the heart of the Greater Mankato region, stands as a dynamic and influential hub with a rich tapestry of economic, educational, and healthcare prowess. Home to the Mayo Health System, Taylor Companies, and Minnesota State University Mankato, the city exudes vibrancy and innovation. The Greater Mankato region, encompassing Blue Earth and Nicollet counties, forms the Mankato-North Mankato Metropolitan Statistical Area (MSA). As of the 2020 census, the MSA boasts a population of 103,566, but the regional draw of Greater Mankato extends far beyond, serving as a central point for a population of 287,175 people. At the forefront of its appeal is the city's stature as a retail and healthcare destination, driving its recognition as a formidable employment hub. Employers in the region benefit from a broad labor pool, with employees commuting from communities within a 45-minute drive-time radius. This expansive reach encompasses 163,591 individuals aged 16 and older, reflecting the city's significance as a regional economic catalyst. One key factor contributing to the city's economic resilience is the work ethic of its labor force. With a robust participation rate of 68.2% in 2021, surpassing the national average by 6.5 percentage points, the workforce exemplifies dedication and industriousness. This characteristic, coupled with the city's strategic location and diverse economic pillars, positions Greater Mankato as an attractive and sustainable investment destination, promising growth and prosperity in the dynamic landscape of the Upper Midwest.
FOR MORE DETAILS CONTACT
Carlos Carrera
Associate
(507) 720-4663
carlos@mankatocre.com
20451253
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