Beacon Ridge — Sale in Plymouth, MN
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Plymouth, MN 55446
- Size: 2,551 SF
- Year built: 2020
Photos
Description
JLL is pleased to present Beacon Ridge- an award-winning built-to-rent community in Plymouth, MN, offering residents the space and privacy of single-family living with maintenance-free lifestyle amenities. The asset sits on a sprawling 14.5-acre site and within the Wayzata school district, ranked #1 in the entire Twin Cities metro. This irreplaceable asset delivers a differentiated luxury product capturing growing demand from renters seeking an elevated alternative to traditional multi-housing apartments at a significant discount to the Plymouth for-sale market, where the average listing price exceeds $1.6M. Beacon Ridge is strategically positioned within Plymouth's northern corridor, providing convenient access to the Northwest employment hub and Medical Alley- the world's premier health technology cluster. Residents benefit from proximity to major employers including Boston Scientific, Abbott Laboratories, BAE Systems, Philips, Cargill, and General Mills. The location offers abundant retail, dining, and recreational amenities throughout Plymouth's established neighborhoods. The community delivers worry-free living with professional lawn care and snow removal included, plus resort-style amenities featuring a pool, fitness center, and clubhouse. The 2020-built homes average 2,551 SF with modern farmhouse designs, stainless steel appliances, attached two and three car garages, and private backyards. Beacon Ridge presents a compelling opportunity supported by Plymouth's elevated household incomes ($191,398 average) and family-oriented demographics. The property's unique positioning as a professionally managed built-to-rent community addresses under-supplied demand, positioning investors to capitalize on sustained rental growth and premium pricing relative to traditional apartment offerings. JLL invites qualified investors to pursue this exceptional investment opportunity in one of the Twin Cities' most resilient residential markets- enhanced by assumable Freddie M
Market Context
This multifamily in Plymouth, MN is listed for sale across 2,551 SF. The building dates to 2020. Compare it against other multifamily listings for sale in Plymouth, MN — view the full market.
As of Q1 2026, the Minneapolis multifamily market showed a 6.1% vacancy rate, and average asking rents near $1557.00/unit/mo. Source: multiple brokerage reports, Q1 2026.
Multifamily market FAQ
- Is the Minneapolis multifamily market tightening or softening?
- Vacancy is around 6.1% (Q1 2026).
Contact
- Josh Talberg · 6519839000 · josh.talberg@jll.com
- Joseph Peris · 6122022433 · joseph.peris@jll.com
- Jack Graveline · 6122176747 · jack.graveline@jll.com
Explore this market
Similar Multifamily Property for Sale in Plymouth, MN
- Quinn at Plymouth — $96K · Plymouth, MN · 1,000 SF