Weidner Apartment Homes acquired Maverick Apartments in Minneapolis.
Maverick holds 168 units between two mid-rise, mixed-use buildings in Minneapolis’s North Loop neighborhood along the Mississippi River. This acquisition is across the street from Weidner’s other asset, 222 Hennepin Apartments, and brings its portfolio to 7,200+ units in the Twin Cities.
Maverick was built in 2016 and has 165,626 SF of total rentable space and 5,020 SF of retail space for two tenants. The community offers luxury studio, one, two, and three-bedroom apartments and townhomes, averaging 986 SF. The homes provide elevated amenities such as gourmet kitchens with stainless steel appliances and quartz countertops. Residents enjoy the convenience of in-unit laundry, private balconies, and walk-in closets.
Maverick offers resort-inspired amenities highlighted by a private dining area with a demo kitchen, a conference room with work-from-home stations, an outdoor pool and spa, a dog park with pet washing stations, a state-of-the-art fitness center, and a sundeck terrace with a sky lounge.
The North Loop is known for its vibrant arts scene, robust culinary offerings, bustling nightlife, and proximity to cultural landmarks like Target Field, Target Center, First Avenue, The Green, and the Guthrie Theater. With a Walk Score of 95 and a Transit Score of 82, residents are centrally located to several shops, restaurants, and employers within walking distance or a quick light trail ride. The area is also becoming increasingly attractive to prominent companies, and firms like Piper Sandler, KPMG, Varde Partners, RBC Wealth Management, and Castle Lake have migrated to the neighborhood.
Weidner is the owner and manager of Maverick Apartments. The company is excited to have expanded in Minneapolis’s downtown neighborhood to continue providing the community with high-end, quality rental homes.
