Rosa Place Apartments

510 Timberwolf Drive, Mankato, Minnesota 56001

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Message Rosa Place Apartments

Rosa Place Apartments is managed by Velair Property Management .

Come home to Rosa Place, and discover a storied comfort in one of their luxurious new 1, 2, or 3 bedroom floorplans. With a modern kitchen, in-home washer and dryer, and spacious closets, you will be living worry free. Stay in shape with their on-site fitness center, entertain family and friends in their community room, or head outside to enjoy the Tot Lot. Start a new chapter at Rosa Place.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 710 From $668
Two Bedroom (2/2) 970 From $799 To $968
Three Bedroom (3/2) 1210 From $1,111

This property is currently under construction.

Construction is expected to be completed in March 2019, with tenant move-ins beginning in April 2019. 

Eligibility for Rosa Place Apartments

Rosa Place Apartments Details

  • 56 one, two and three bedroom units.
  • Water and Sewer utilities included in rent
  • Heat utility included in rent
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 223
  • Section 8 Project-Based Voucher (PBV)

Property Amenities

  • Fitness Center
  • Tot Lot
  • Community Room
  • On-Site Manager
  • Online Payments Accepted
  • On-Site Maintenance
  • High Speed Internet Access

Unit Amenities

  • Cable Ready
  • Utilities Included
  • Spacious Closets
  • Central Heat & Air
  • Fully Equipped Kitchen
  • Washer and Dryer Included
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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