Villages of Island Park is a new luxury townhome building in Mound with 18 rental units just steps away from beautiful Lake Minnetonka. Each 1,300-1,400 square food unit contains two bedrooms, two baths and high-end finishes such as granite countertops and stainless appliances, as well as underground parking. The property includes landscaped green spaces on the exterior for outdoor gatherings and easy access to nearby parks and trails.
Villages of Island Park involved tremendous collaboration between the various partners, including the City of Mound and T. Cody Turnquist of Turnquist Properties, LLC, who helped fulfill the community need for luxury rental housing. The property had been vacant for years and will now cater to both empty nesters needing less space and millennials not yet wanting to buy a home.
Enebak Construction has begun site development and infrastructure work, and IDP and RT Homes will be responsible for developing the property. Tradition Capital Bank is financing the project and Level 10 will lease the units and manage the property.
PRODUCT TYPE: Residential
DATE DELIVERED: Summer 2022
PROJECT SIZE: 18 Units
- High-end finishes in each unit
- Gas ranges in all kitchens
- Street level walkouts
- Private, tuck-under two car garage
- Adjacent to Lake Minnetonka, parks, and trails
- Perfect for empty nesters and snowbirds