Property Details
PRIME SUBURBAN LOCATION
The Barbary Knoll Apartments are located in the Jonathan Neighborhood in Chaska, Minnesota, just one mile northwest of Highway 212, one block from Lake Grace and a couple blocks from Lake Jonathan. The outdoor amenities are endless with three golf courses, three lakes and just as many parks within 1 mile of the property. Tenants even have immediate access to the Jonathan Walking Trails. Residents are also within walking distance of the Chaska Commons retail center, which features Target, Home Depot, Cub Foods, and many more.
ACCESSIBILITY
The property may be in a suburban location, but its proximity to Highway 212 allows
residents to go from door to Downtown Minneapolis in under 30 minutes.
INVESTMENT STRATEGIES
With strong occupancy and below market rents, Barbary Knoll presents a great mark to
market cash flow investment opportunity. Given the building vintage, desirable location and large unit sizes, the property is also a prime target for value-add investors.
SCHOOL DISTRICT
Chaska High School is ranked in the top 5% of high schools in Minnesota. Jonathan
Elementary School is at the end of the street, making Barbary Knoll very desirable for
young families.
- Property TypeOffice
- Submarket
- Year Built1974
- Total Acres1.38
- Property ID2017426