About The Wings of Newport
Cushman & Wakefield is pleased to present for sale, The Wings of Newport, a 200-unit multifamily apartment building located in the town of Newport, Minnesota, with high visibility to Interstate 494 and US Highway 10. Just steps from the City of Woodbury, the property is situated in the highly rated East Ridge High School district.
Recently completed in September 2020, The Wings offers residents access to abundant community space, on-site amenities and fine finishes throughout the property. Originally built as a market-rate building with the ability to offer limited support services, the property presents an excellent opportunity to maximize the functionality of abundant common space. Both market rate or 55+ would be excellent uses for this asset. There are no restrictions to its use.
The property is located in the residential community of Newport with a small town persona. Newport enjoys a convenient location in the thriving east metro area and is served by a number of transportation modes, which includes I-494, Highway 10, the Canadian Pacific Rail Line, and the River. Newport is conveniently located just 15 minutes southeast from Minneapolis and St. Paul along the Mississippi River with close proximity to the Minneapolis - St. Paul International Airport and St. Paul Downtown Airport, as well as the Mall of America.