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South Haven Apartments 908 S 8th St 36 Unit Apartment Building For Sale Brainerd, MN 56401
INVESTMENT HIGHLIGHTS
- Solid Performance
- Strong Occupancy
EXECUTIVE SUMMARY
Michel Commercial is pleased to present South Haven Apartments — a well-maintained 36-home apartment community located in Brainerd, MN. Built in the 1960s, the property consists of three 12-unit buildings featuring a balanced mix of one- and two-bedroom floor plans. Over the past decade, South Haven has benefited from substantial property upgrades, including improvements to the exterior, mechanical systems, and common areas, ensuring long-term durability and continued resident appeal.
Recent Improvements & Operations
Extensive property upgrades—including new roofs, siding, windows, garage doors, and mechanical systems—highlight ongoing ownership investment. Common areas have also been enhanced with updated lighting, carpeting, and exterior improvements, reducing near-term capital needs. With its strong maintenance record and consistent occupancy, South Haven Apartments demonstrates stable operations and long-term durability.
Location & Connectivity
South Haven Apartments is centrally located in Brainerd with convenient access to Highways 210 and 371, connecting residents to Baxter, Nisswa, and the greater Brainerd Lakes Area. The property’s location also provides easy regional access to St. Cloud (65 miles south) and the Twin Cities metro area
(125 miles southeast). Nearby employers such as Essentia Health–Brainerd Clinic, Brainerd Public Schools, and Central Lakes College are all within minutes. Residents enjoy proximity to shopping, parks, and trails, offering a balanced lifestyle of comfort and connectivity.
Investment Potential
South Haven Apartments is a stable investment within the Brainerd rental market, supported by limited new supply and consistent renter demand. The property’s solid operations, recent improvements, and low ongoing maintenance needs provide dependable income performance. Its central location near major highways and employers further supports long-term stability and value retention.
Recent Improvements & Operations
Extensive property upgrades—including new roofs, siding, windows, garage doors, and mechanical systems—highlight ongoing ownership investment. Common areas have also been enhanced with updated lighting, carpeting, and exterior improvements, reducing near-term capital needs. With its strong maintenance record and consistent occupancy, South Haven Apartments demonstrates stable operations and long-term durability.
Location & Connectivity
South Haven Apartments is centrally located in Brainerd with convenient access to Highways 210 and 371, connecting residents to Baxter, Nisswa, and the greater Brainerd Lakes Area. The property’s location also provides easy regional access to St. Cloud (65 miles south) and the Twin Cities metro area
(125 miles southeast). Nearby employers such as Essentia Health–Brainerd Clinic, Brainerd Public Schools, and Central Lakes College are all within minutes. Residents enjoy proximity to shopping, parks, and trails, offering a balanced lifestyle of comfort and connectivity.
Investment Potential
South Haven Apartments is a stable investment within the Brainerd rental market, supported by limited new supply and consistent renter demand. The property’s solid operations, recent improvements, and low ongoing maintenance needs provide dependable income performance. Its central location near major highways and employers further supports long-term stability and value retention.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Building Size | 36,333 SF |
| No. Units | 36 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1983 |
| Apartment Style | Low-Rise | Parking Ratio | 1.87/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.71 AC |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.71 AC |
| Building Size | 36,333 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1983 |
| Parking Ratio | 1.87/1,000 SF |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Playground
- Property Manager on Site
- Grill
- Trash Pickup - Door to Door
- Pond
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PROPERTY TAXES
| Parcel Number | 09182000901J889 | Improvements Assessment | $2,362,300 |
| Land Assessment | $175,900 | Total Assessment | $2,538,200 |
PROPERTY TAXES
Parcel Number
09182000901J889
Land Assessment
$175,900
Improvements Assessment
$2,362,300
Total Assessment
$2,538,200
CONTACTS
-
Phil Reesnes -
Peter Michel -
Heidi Addo -
Jesse Thurston -
Ukee Dozier -
Michel Commercial Real Estate
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South Haven Apartments | 908 S 8th St
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