612-812-7525
5076 161st St W, Lakeville, MN for Sale
Apartments - FOR SALE
1/53
null | Request Cap Rate

5076 161st St W
Lakeville, MN 55044
Dakota Far Southwest Suburbs


HIGHLIGHTS

  • Compelling Gap to Cost of Homeownership
  • Lakeville Population Growth
  • Walkable to Grocery-Anchored Retail
  • Excellent Nearby Demographics
  • Efficient Direct Entry Operations
  • Lack of Nearby Competition

OVERVIEW

CBRE Minneapolis Multifamily is pleased to present Livery Modern Apartments in Lakeville, Minnesota. This 204-unit townhome-style, new construction community experienced a robust lease up and has continued to perform very well since completion of construction in December of 2023. Livery is an extremely well-positioned suburban opportunity in the Lakeville submarket and is one of few suburban deliveries that has true walkability to retail, parks, and entertainment. Adjacent retail includes multiple grocery-anchored centers (Hy-Vee and Lund’s & Byerly’s). Lakeville’s growth continues to be at the top in the metro and is now the 7th largest city in Minnesota. The property offers its residents attached garages, individual entrances, and state-of-the art amenities.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

204

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Livery Modern Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

22-71348-02-010

ASK ABOUT THIS PROPERTY

Ted AbramsonCBRE, Inc.More Info
612-812-7525

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Ted AbramsonCBRE, Inc.More Info
612-812-7525

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