Properties listed in West Concord

Michel Commercial is pleased to present The Meadows Apartments, a 24-unit renovated apartment home property in West Concord, MN. The property has a desirable mix of one- and two-bedroom apartments and a history of 100% occupancy. Each renovated apartment home has new cabinets, countertops, LVP flooring, and appliances, along with walk-in closets (for 1 Bedrooms) and updated bathrooms. Community amenities include off-street parking and on-site laundry. The Meadows Apartments are located just one block from the West Concord city pool, playground, and tennis courts. The property is less than a mile from Dollar General, and 10 miles from a hardware store, and several restaurants. The Meadows is twenty miles from Rochester and Owatonna and seventy miles southeast of the Twin Cities. Residents appreciate easy access to US Route 14 and MN State Highway 56. The Meadows Apartments is an ideal value-add investment opportunity with substantial rental growth potential through interior upgrades. The property offers consistent, predictable cash flow, with significant rent growth anticipated in a supply-constrained submarket. With its convenient location in a tight-knit community and easy access to green spaces and highways, the Meadows Apartments is a desirable investment opportunity and provides residents with a place they can proudly call “home.”