About Overland Apartments
Cushman & Wakefield is pleased to present for sale, Overland Apartments, a 63-unit luxury multifamily development in the Standish neighborhood of Minneapolis.
Recently completed in 2020, the Overland Apartments offers residents access to a best-in-class amenity package including a 24/7 fitness center, rooftop community lounge and deck with panoramic views of the city, heated parking garage, and on-site co-working space. The property also includes 4,200 SF of 1st floor commercial space available for lease.
The property currently sits at 98% occupied and provides investors the opportunity to assume the current loan with attractive terms.
Located in one of Minneapolis’ most vibrant areas, Overland offers residents a high quality of life with many long-term residents, established bakeries, coffee shops and neighborhood restaurants with close proximity to Target Field, Target Center, U.S. Bank Stadium, the Theater District, and the Central Business District.
Overland Apartments are a rare opportunity to acquire a newly constructed, best-in-class multifamily asset in a desirable community with attractive assumable debt.