Hutchinson Apartments
991 Echo Drive SE Hutchinson / Minnesota

Property Details
Price:
Property Type Multifamily
Year Built: 1978
Number of Units: 36
Garages: 29
County: Mcleod
Description
Michel Commercial is pleased to present the Hutchinson Apartments — a well-maintained 36-home community
located in Hutchinson, Minnesota. The property features an attractive unit mix with mostly two-bedroom layouts,
complemented by thoughtful renovations and recent capital improvements. With a strong history of occupancy,
the Hutchinson Apartments offers investors a reliable and well-performing asset in a growing submarket
supported by consistent renter demand and long-term economic stability.
Hutchinson Apartments is located in
a stable, demand-driven market with
limited new multifamily construction.
With a growing population, strong and
consistent renter demand, and minimal
new housing supply, Hutchinson remains
a stable submarket — positioning the
property to maintain high occupancy.
The Hutchinson Apartments represent a
stable, income-producing asset within a
growing rental market. Supported by recent unit renovations that align with renter preferences and steady local employment in healthcare, manufacturing, and education, the property is well positioned for continued rent growth and consistent returns.
Location
Hutchinson Apartments benefits from a
convenient central location with strong
regional connectivity. Positioned near
Highways 7, 15, and 22, the property
offers direct routes throughout central
Minnesota and easy access to the Twin
Cities via Highway 7, which connects to
Highway 25 and Interstate 494. Highway
15 also links north to U.S. Highway 10 and
Interstate 94 near St. Cloud, providing
additional access to major employment
centers. This strategic location supports
stable renter demand, reinforcing the
property’s long-term investment appeal.
Highlights
Solid Performance
Hutchinson Apartments demonstrates a strong operating history, reflecting consistent renter demand and effective management. Income and expense fluctuations are primarily tied to the timing of biannual property tax payments, while minor rental variances correspond with short leasing periods following unit renovations. The property’s recent upgrades align with local renter preferences, enhancing marketability and supporting rent growth. With proven operational stability, Hutchinson Apartments offers investors a well-positioned, income-producing asset with continued upside potential in a steady regional market.

