612-802-6919
2005 Frontage Rd N, Waite Park, MN for Sale
Apartments - FOR SALE
1/22
null | Request Cap Rate

2005 Frontage Rd N
Waite Park, MN 56387


HIGHLIGHTS

  • Strong Occupancy
  • Connectivity to Employment and Recreation
  • Supply Constrained Submarket

OVERVIEW

Michel Commercial is pleased to present Riverview Lofts, a newly constructed 16-home located in Waite Park, Minnesota. Built in 2023, the property offers investors the opportunity to acquire a modern, low-maintenance asset within one of Central Minnesota’s strongest retail and employment corridors. Riverview Lofts features contemporary finishes, efficient floor plans, and strong appeal to today’s renter demographic. LOCATION & CONNECTIVITY Riverview Lofts is ideally positioned near the heart of the Saint Cloud metro’s primary retail corridor. Residents enjoy immediate access to shopping, dining, entertainment, and major employers throughout Waite Park and Saint Cloud. Convenient access to Interstate 94 and Highway 15 provides seamless regional connectivity throughout Central Minnesota. INVESTMENT POTENTIAL Riverview Lofts presents a compelling opportunity to acquire a stabilized, newly built multifamily asset with limited near-term capital needs. Demand for modern rental housing within the Saint Cloud market continues to remain strong, positioning the property for long-term occupancy stability and consistent rental performance.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

16

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverview Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.08 AC

LAND SF

90,809 SF

ZONING

-

APN/PARCEL ID

98.60568.0050

ASK ABOUT THIS PROPERTY

Ukee DozierMichel Commercial Real EstateMore Info
612-802-6919

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Ukee DozierMichel Commercial Real EstateMore Info
612-802-6919

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