Praedium Group Snags Minneapolis Community

Maverick North Loop Apartments, Minneapolis

The Praedium Group has acquired Maverick North Loop Apartments, a newly developed mixed-use property in Minneapolis.

“The Minneapolis/St. Paul market continues to demonstrate strong performance, and is projected to do so over the next five years, with rent growth projections outpacing the national average, per AXIOMetrics,” said Kelsey Durels, associate of the Praedium Group.

Maverick Amenities

Constructed in 2017, the property comprises two buildings—one six-story building that features 155 flats and loft apartments, and one four-story building that offers 13 townhomes. The ground floor includes 5,095 square feet of retail space, half of which is currently leased to Starbucks. Interior features include quartz countertops, stainless steel appliances, gear wall in-unit entries, white subway tile backsplashes, nine-foot ceilings, caramel-colored vinyl plank floors, light grey walls with white trim, kitchen islands, frameless glass shower doors in bathrooms and loft ceilings in certain units. Residents of Maverick North Loop have access to amenities including:

• pool terrace with lounge
• outdoor spa pool
• sundeck terrace
• outdoor grilling stations
• 24-hour fitness center
• outdoor yoga lawn
• skyview terrace and lounge
• outdoor private dining areas
• downtown/river views
• clubhouse with lounge area
• indoor bike parking
• dog bath and walk area

Maverick North Loop is located within close proximity to several restaurants, retail and entertainment options, as well as major employers in the North loop of Minneapolis.

Image courtesy of The Praedium Group