Prairie’s Edge Apartments
113 9th St NE Long Prairie / Minnesota
Property Details
Description
Location
Highlights
Well-Built, Efficient Systems
Prairie’s Edge was constructed with durable, efficient systems throughout, including copper and PVC plumbing, Square D electrical breakers, and two high-efficiency 75-gallon water heaters per building. Water softeners are installed at each building, addressing a known need in the local water supply, and the property is fully sprinklered with secure, key-padded entry and on-site security cameras. With steel roofs installed in 2025 and no significant deferred maintenance, the property offers investors a turnkey asset with limited near-term capital needs.
Tif-Supported
Prairie’s Edge benefits from an active Tax Increment Financing note with 10 years of term remaining, reflecting the City of Long Prairie’s investment in the property’s development. Newer, purpose-built apartment product of this quality is scarce in Long Prairie and the broader Todd County market, giving investors the opportunity to own a rare, modern asset with 30 off-street parking spaces in a tight-knit community with limited new supply.
