Northland has entered the Rochester, Minnesota, market with the acquisition of SoRoc on Maine, a 186-unit garden-style community.
The property spans 6.82 acres and consists of three three-story residential buildings offering studio, one-, two- and three-bedroom homes complete with underground parking.
Located along the Broadway Avenue corridor, SoRoc on Maine boasts an expansive variety of indoor and outdoor amenities. A central green and pond provides residents with a vast open space inclusive of a large pool and hot tub deck, a bocce ball court and more. Connected to the pool is the stand-alone clubhouse, which offers rentable event space complete with entertainment options such as a pool table, shuffleboard, high top bar, coffee bar, and commercial kitchen.
Apartment interiors give residents a choice of unique floorplans and color schemes, all featuring high ceilings, quartz kitchen counters, stainless-steel appliances, side by side washers and dryers, dual basin undermount sinks, and chrome plumbing fixtures.
Residents of SoRoc on Maine are provided shuttle access to the Mayo Clinic headquarters in downtown Rochester. The world-renowned medical center has fueled the city’s growth with continued support from the state of Minnesota. The “Destination Medical Center” is a robust 20-year $5.6 billion economic development public-private initiative. I
Northland owns and operates a diversified multifamily portfolio that includes more than 26,000 units across the U.S. These acquisitions add to Northland’s portfolio of long-term markets within New England, Austin, and Southwestern and Southeastern United States.
