651-500-4720
115 Echo St, Mankato, MN for Sale
Apartments - FOR SALE
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115 Echo St
Mankato, MN 56001
Erlandson Park


HIGHLIGHTS

  • Adjacent to the Mayo Health System Mankato
  • Solid concrete brick and steel const. with garage parking
  • Updated boiler, chiller, roof, breakers and common areas
  • Rental office, elevator and laundry facilities
  • Rooftop Penthouse

OVERVIEW

Adjacent to Mayo Clinic Health System – Mankato, this apartment building offers a rare and strategic investment opportunity in one of southern Minnesota’s most stable and growing employment hubs.? The hospital serves as a major regional healthcare center, employing hundreds of medical professionals, administrative staff, and support personnel—creating consistent, built-in demand for nearby housing.? This all concrete building and garage are built too stand the test of time! Updates include the rubber roof, (boiler) heating system, (chiller) cooling system, tiled and decorated entry and common areas not to mention the totally blown out over the top Penthouse accessible by the elevator on the 7th floor.? This is your your chance to own an exceptional rental property in an A+ location!

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

46

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River View Suites

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1900

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,534 SF

ZONING

C

APN/PARCEL ID

R01-09-17-103-005

ASK ABOUT THIS PROPERTY

Kevin GoettlKevin GoettlMore Info
651-500-4720

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Kevin GoettlKevin GoettlMore Info
651-500-4720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.