Northlake Lofts


Market-Rate Apartments

Northlake Lofts is a 208-unit market-rate apartment community in the fast-growing Twin Cities’ southern suburb of Lakeville. This four-story project is located within a mixed-use, pedestrian-friendly neighborhood near grocery stores and retail venues. Residents have excellent highway access to I-35 for easy commuting. Its apartments include alcoves, 1-bedrooms, 2-bedrooms, and 3-bedroom floor plans. Amenities such as a fitness center, community lounge, underground heated parking, outdoor pool and patio, coffee bar, pet spa, and WiFi lounge offer high-demand conveniences. Northlake Lofts was 57% leased when the property welcomed its first residents in April 2022 and reached 96% leased by July, at which time Roers Cos. sold the property.

Property Stats

  • 281,000 sq. ft.
  • 208 units
  • $41.5 million
  • Opened April 2022
  • Sold July 2022
  • Architect: Kaas Wilson Architects
  • GC: Bauer Design Build