612-759-5000
908 S 8th St, Brainerd, MN for Sale
Apartments - FOR SALE
1/5
null | Request Cap Rate

908 S 8th St
Brainerd, MN 56401


HIGHLIGHTS

  • Solid Performance
  • Strong Occupancy

OVERVIEW

Michel Commercial is pleased to present South Haven Apartments — a well-maintained 36-home apartment community located in Brainerd, MN. Built in the 1960s, the property consists of three 12-unit buildings featuring a balanced mix of one- and two-bedroom floor plans. Over the past decade, South Haven has benefited from substantial property upgrades, including improvements to the exterior, mechanical systems, and common areas, ensuring long-term durability and continued resident appeal. Recent Improvements & Operations Extensive property upgrades—including new roofs, siding, windows, garage doors, and mechanical systems—highlight ongoing ownership investment. Common areas have also been enhanced with updated lighting, carpeting, and exterior improvements, reducing near-term capital needs. With its strong maintenance record and consistent occupancy, South Haven Apartments demonstrates stable operations and long-term durability. Location & Connectivity South Haven Apartments is centrally located in Brainerd with convenient access to Highways 210 and 371, connecting residents to Baxter, Nisswa, and the greater Brainerd Lakes Area. The property’s location also provides easy regional access to St. Cloud (65 miles south) and the Twin Cities metro area (125 miles southeast). Nearby employers such as Essentia Health–Brainerd Clinic, Brainerd Public Schools, and Central Lakes College are all within minutes. Residents enjoy proximity to shopping, parks, and trails, offering a balanced lifestyle of comfort and connectivity. Investment Potential South Haven Apartments is a stable investment within the Brainerd rental market, supported by limited new supply and consistent renter demand. The property’s solid operations, recent improvements, and low ongoing maintenance needs provide dependable income performance. Its central location near major highways and employers further supports long-term stability and value retention.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

36

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Haven Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1983

PARKING SPACES

68

LAND DETAILS

LAND ACRES

2.71 AC

LAND SF

118,048 SF

ZONING

-

APN/PARCEL ID

09182000901J889,09186003002Z009

ASK ABOUT THIS PROPERTY

Phil ReesnesMichel Commercial Real EstateMore Info
612-759-5000

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Phil ReesnesMichel Commercial Real EstateMore Info
612-759-5000

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