952-924-4694
13905 Chestnut Dr, Eden Prairie, MN for Sale
Apartments - FOR SALE
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13905 Chestnut Dr
Eden Prairie, MN 55344


HIGHLIGHTS

  • Strong Operational Trendline
  • Prove Value-Add Upside
  • Vast Amenities-Competitor Differentiator
  • Highly Connected Eden Prairie Location
  • Nearby Major Employers
  • Destination Shopping Hub Nearby

OVERVIEW

CBRE is pleased to present Reserve at Eden Prairie, a 375-unit apartment community offering a compelling yield opportunity with value-add upside. Built in 1986, the property is located in Eden Prairie, just south of Highway 212 and I-494, with convenient access to dynamic retail, recreation, major employers, and transit. Situated adjacent to Purgatory Creek Park, the community is one mile from both Eden Prairie Center (home to Scheels) and the future Southwest LRT (Metro Green Line Extension), which is scheduled to open in 2027. The City of Eden Prairie is one of the top Twin Cities suburbs, consistently ranked among the best places to raise a family, best places to live, and the top school district in Minnesota.

FOR SALE DETAILS

PRICE

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# OF UNITS

375

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Reserve Eden Prairie

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1986

PARKING SPACES

356

LAND DETAILS

LAND ACRES

28.72 AC

LAND SF

1,251,043 SF

ZONING

RM-2.5

APN/PARCEL ID

15-116-22-34-0083

ASK ABOUT THIS PROPERTY

Abe AppertCBRE, Inc.More Info
952-924-4694

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Abe AppertCBRE, Inc.More Info
952-924-4694

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