Pleasant Court Apartments

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.

Park Rapids is part of the North Woods region of Minnesota, known for its abundance of lakes, forests, and outdoor recreational opportunities. Here are more highlights about the city of Park Rapids: Scenic Serenity: Park Rapids is particularly renowned for its proximity to Itasca State Park, home to the headwaters of the Mississippi River, just 30 miles south. Outdoor enthusiasts can indulge in year-round activities such as fishing on Fish Hook Lake, hiking through pine-scented trails, and wildlife watching in the Chippewa National Forest. Quality Living: With a lower cost of living compared to urban areas, Park Rapids offers affordable housing options and a robust healthcare system, including access to the Essentia Health St. Joseph’s Medical Center. Families appreciate the quality education provided by the Park Rapids Area Schools, while retirees find comfort in the peaceful surroundings and active senior community programs. Community Charm: Park Rapids embodies a warm, small-town atmosphere where neighbors know each other by name. Residents enjoy regular community events like the Heartland Concert Series and the annual Crazy Days festival, fostering a strong sense of belonging. The downtown area is a hub of local shops, restaurants, and art galleries, perfect for leisurely strolls and discovering local talent at the Nemeth Art Center. Cultural Enrichment: Park Rapids celebrates its heritage through attractions like the Hubbard County Historical Museum, showcasing artifacts and stories from the region’s past. The Museum of Legends and Art preserves local folklore and hosts exhibitions by regional artists, providing insight into the area’s rich cultural tapestry. These factors combine to make Park Rapids a desirable place to live for those who appreciate nature, community, and a balanced quality of life.