Nature's Edge Apartments
$4,000,000
151 Sunnyslope Road, Morris, MN 56267
57,662 sqft
Building Size
6.27 acres
Lot Area
Details:
Description:
Nature's Edge is an 88-unit Property with 80-units Section 8, Project Based Low/Moderate Income Housing in Morris, MN, located near near University of Minnesota-Morris campus. There are two (2) 32-unit 1-BR buildings; Two (2) 8-unit 2-BR Buildings; One (1) 8-unit 3-BR Building; One (1) Community Room and Fitness Center located in the 1-BR Buildings. There is One (1) detached garage for storage of owner-owned equipment. HAP Contract was dated August 1, 2014. Current Contract runs through July 31, 2025. Nature's Edge is located approximately 150 miles northwest of Minneapolis; 95 miles west of St. Cloud, Minnesota. The 88-unit property is well maintained and professionally managed. Nature's Edge Morris was built in 1970 and has received several property improvements over the years. The Property has an excellent apartment unit mix consisting of 64 one-bedroom units, 16 two-bedroom units and 8 three-bedroom units. The Tenants benefit from a Community Room/Fitness Room in the one bedroom buildings, a kid's playground area and air conditioning sleeves. in each unit There is an on-site office for Tenant's convenience.
Morris is a city and the county seat of Stevens County, Minnesota, United States. The population was 5,105 at the 2020 census. The town is home to the University of Minnesota Morris (UMM), part of the University of Minnesota system. Currently the campus has a population of approximately 1,900 and is ranked as a "Top 10 Public Liberal Arts College" by U.S. News & World Report and one of "America's Top Colleges" by Forbes. Morris is surrounded by some of the nation's richest agricultural land, and agribusiness is important to the local economy. Headquartered in Morris, Riverview LLP is Minnesota's largest dairy milking operation and one of the largest in the nation. Other large economic contributors are manufacturing, education, and healthcare industries.
On-Site Shared Laundry Efficient 1-, 2-, and 3-Bedroom Floor Plans On-site Management/Maintenance Shared On-site Laundry Community Room, Fitness Center, Picnic/BBQ Area, Two Playgrounds
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