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Bay Point Lake Apartments

Bay Point Lake Apartments

11185 Anderson Lakes Parkway  /

Property Details

Price: $ 17,000,000
Property Type Multifamily
Total Lot Size: 6 Acres
Year Built: 1984
Number of Units: 114
Garages: 101
County: Hennepin

Description

Bay Point Lake Apartments is a 114 unit market rate property on a 6 acre site in Eden Prairie, MN. Built in 1984, this building has a three story above ground design with an all brick exterior. The property has 101 underground parking spaces that rent for $50 a month and 12 detached garage spaces that rent for $75 a month. The property is comprised of 22 one bedroom units, 91 two bedroom units, and 1 three bedroom unit. (Many of these units have been recently remodeled.) Features of this building include: underground and surface parking, a fitness gym, and access to The Preserve, which includes a party room, an outdoor pool, a kids playground, tennis courts, volleyball courts, and a picnic area. Tenants enjoy the paved trails through the woods and around the lake, easy access to restaurants, and excellent schools.

Location

The City of Eden Prairie, Minn. has been recognized as a great place to work and raise a family for many years and is consistently ranked among MONEY magazine's "Best Places to Live." In 2010 MONEY magazine named Eden Prairie the #1 Best Place to Live in America, and the City has now occupied the top three spots on MONEY's list. Eden Prairie is located in close proximity to the Minneapolis–St. Paul metro area providing a perfect balance of small town feel and big city amenities. The population of Eden Prairie has grown to more than 62,000 and the number of businesses has multiplied to more than 2,800.

Highlights

Bay Point Lake Apartments is a 114 unit market rate property on a 6 acre site in Eden Prairie, MN. Built in 1984, this building has a three story above ground design with an all brick exterior. The property has 101 underground parking spaces that rent for $50 a month and 12 detached garage spaces that rent for $75 a month. The property is comprised of 22 one bedroom units, 91 two bedroom units, and 1 three bedroom unit. (Many of these units have been recently remodeled.) Features of this building include: underground and surface parking, a fitness gym, and access to The Preserve, which includes a party room, an outdoor pool, a kids playground, tennis courts, volleyball courts, and a picnic area. Tenants enjoy the paved trails through the woods and around the lake, easy access to restaurants, and excellent schools.

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