The Meadows

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.”

West Concord, a charming small town in Dodge County, Minnesota, is nestled in the southeastern part of the state. Located approximately 20 miles west of Rochester, 20 miles east of Owatonna, and 70 miles southeast of the Twin Cities, it offers convenient access to urban amenities while preserving a peaceful, rural lifestyle. Here are more highlights about the city of West Concord: Proximity to Larger Cities: West Concord is conveniently located near major highways, including U.S. Route 14 and State Highway 56, providing easy access to Owatonna and Rochester, home to renowned Mayo Clinic, offering world-class healthcare and being 70 miles away from the Twin Cities, Minneapolis and St. Paul, providing access to a broader range of cultural, educational, and professional opportunities. Parks and Recreation: Residents can enjoy outdoor activities at Memorial Park in West Concord. It offers a range of amenities including a swimming pool, playground equipment for children, picnic tables, and open green spaces for outdoor gatherings and recreational activities. Small-Town Community: West Concord has a tight-knit community feel, where residents often know each other. This can create a sense of belonging and community support. Economical Housing: Compared to larger cities, West Concord offers more economical rental options, making it attractive for those looking to save on housing costs.