Livery Modern Apartments | 5076 161st St W
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Livery Modern Apartments 5076 161st St W
204 Unit Apartment Building For Sale Lakeville, MN 55044
Investment Highlights
- Strong Lease Up
- Walkable to Grocery Anchored Retail
- Lakeville Population Growth
Executive Summary
CBRE Minneapolis Multifamily is pleased to present Livery Modern Apartments in Lakeville, Minnesota. This 204-unit townhome-style, new construction community has experienced a robust lease up since finishing construction in December of 2023.
Livery is an extremely well-positioned suburban opportunity in the Lakeville submarket and is one of few in the 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 9th largest city in Minnesota.
The property offers its residents attached garages, individual entrances, and state-of-the art amenities.
Livery is an extremely well-positioned suburban opportunity in the Lakeville submarket and is one of few in the 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 9th largest city in Minnesota.
The property offers its residents attached garages, individual entrances, and state-of-the art amenities.
Property Facts Under Contract
| Sale Type | Investment | Building Class | B |
| No. Units | 204 | Building Size | 204,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Townhome |
| Sale Type | Investment |
| No. Units | 204 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Building Size | 204,000 SF |
| No. Stories | 2 |
| Year Built | 2023 |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Patio
Site Amenities
- 24 Hour Access
- Business Center
- Concierge
- Fitness Center
- Pool
- Gameroom
- Grill
- Pet Play Area
- Trash Pickup - Door to Door
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 68 | - | 868 - 966 |
| 2+2 | 108 | - | 1,111 - 1,238 |
| 3+2 | 28 | - | 1,383 - 1,505 |
PROPERTY TAXES
| Parcel Number | 22-71348-02-010 | Improvements Assessment | $0 |
| Land Assessment | $1,649,600 | Total Assessment | $1,649,600 |
PROPERTY TAXES
Parcel Number
22-71348-02-010
Land Assessment
$1,649,600
Improvements Assessment
$0
Total Assessment
$1,649,600
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Livery Modern Apartments | 5076 161st St W
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