Emblem Shakopee_待售物业
Emblem Shakopee_待售物业
Emblem Way, Shakopee, MN, 55379, US

Emblem Shakopee

资产描述

Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker, is pleased to present Emblem Shakopee, a brand new 288-home luxury apartment community located in Shakopee, MN, a thriving Twin Cities suburb within the southwest submarket. The property is a Class A community situated just off Hwy 169, presenting unmatched connectivity to many nearby amenities in addition to the greater Twin Cities. Emblem offers a variety of sought-after floor plans from spacious studios to three-bedroom homes, boasting a spacious average unit size of 958 SF. The property offers best-in-market living including luxe interior finishes and a comprehensive amenity package, creating a modern oasis for its residents all at an accessible monthly rate.


Emblem's central location in Shakopee provides prime access to nearby retail options, a strong Shakopee public school district, and top local employers such as Amazon, SMSC Gaming Enterprise, and St. Francis RMC, along with regional names such as UnitedHealth Group and Optum to the north. Moreover, the asset is in immediate proximity to an unrivaled set of entertainment and amusement venues including Valleyfair amusement park, Canterbury Park, Mystic Lake Casino, a charming walkable downtown, the nation's top Renaissance festival, and a premier parks and recreation district.


Shakopee's high quality of life, strong schools, and entertainment options have driven a 28% population growth since 2010, with further momentum on the horizon due to the highly-anticipated upcoming Shakopee Amphitheater, set to deliver in Summer 2025. These demand drivers, coupled with zero impending supply in the immediate future, position this investment to capture substantial upside upon stabilization.


Offered for sale by its original developer and free and clear of existing debt, JLL invites offers from qualified investors who are interested in the prestigious asset.

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属性

建成年份
2024
单位数量
288
建筑净面积
25,632 平方米
停车位
504
土地总面积
6.47 公顷

媒体

投资亮点

Investment-Grade Quality Living

  • Opportunity for scale with 288 units averaging 958 square feet in size across 16.08 acres
  • Attainable A living product offered for sale by its original developer for well below today's replacement cost
  • Accelerated lease-up: 63% leased by its final TCO; 85% today, plus a +70% retention rate on first gen lease turns through April 2025
  • Offers residents a 46% discount to rent at Emblem vs purchase in the adjacent masterplan development


Premier Urban-Suburban Location

  • Located in the Twin Cities hub for entertainment and attractions with additional future momentum; a state-of-the-art entertainment district set to deliver to the city in Summer 2025
  • Highly amenitized suburb and optimal location off of the major U.S. Hwy 169 providing connectivity to the greater Twin Cities
  • Strong assigned school district with further commitment to its education evidenced by its $97M investment in the renovation/addition to the Senior High School
  • Preferred southwest suburban location recognized by its above-average historical rent growth figures


Strong Property and Submarket Trends

  • Strong supply absorption of lease-up inventory in the marketplace, bolstering occupancy and growth projections on the go-forward
  • Embedded rent growth as competitive set supports a premium to the current rates
  • Compelling rent-to-income cushion supporting rent growth upon stabilization
  • Zero competing units under construction presenting investors with a rare opportunity to capitalize on the supply/demand imbalance


Robust Market Growth Drivers

  • Minneapolis-St. Paul is RentCafe's #1 multi-housing market to watch for 2025
  • Durable demand and stable resident base underpinned by 15 Fortune 500 HQs in the MSA
  • Multi-housing permits in the Twin Cities metro have plunged more than 70% since peak
  • The rent-to-income ratio in Minneapolis-St. Paul is the 3rd lowest of all major U.S. markets
Emblem Shakopee 4_待售物业
Emblem Shakopee 4_待售物业

联系经纪人

Emblem Shakopee (0个物业)
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最后更新
2025年3月14日