Michel Commercial is pleased to present the Pleasant Court
Apartments, a 58-home apartment complex located in Park
Rapids, MN. Built in 2013 and 2016 by the highly regarded
Kuepers Architects & Builders, Pleasant Court has a desirable mix
of one-, two-, and three-bedroom homes. Each home has open
concept living rooms, attractive cabinetry, dishwashers, individual
air conditioning, and detached garages. Community amenities
include a fitness room, a community room, an outdoor grilling
station, a play area for children, on-site laundry facilities, and an
elevator in one of the buildings.
Pleasant Court is located in Park Rapids, MN, a community
known for its abundance of green space and outdoor recreation
opportunities. Pleasant Court is less than half a mile from CHI
St. Joseph’s Health and less than a mile from the many shops,
restaurants, and art galleries of downtown Park Rapids, as well
as several grocery stores. Fish Hook Lake is just five minutes
away, and outdoor enthusiasts can reach Itasca State Park and
Chippewa National Forest in under an hour. Residents enjoy easy
access to US Route 71.
Pleasant Court Apartments presents a turn-key investment
opportunity with a proven track record of high occupancy
rates and solid in-place income. Featuring desirable amenities
and a convenient location with easy access to employment and
recreational opportunities, this property offers investors a unique
chance to capitalize on its strong historical performance and
ongoing NOI growth.