
Park Villas Apartments
490 3rd Street South, Waite Park, MN, 56387, US
95 單位
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.
Investment-Grade Quality Living
Premier Urban-Suburban Location
Strong Property and Submarket Trends
Robust Market Growth Drivers