Gateway Lofts – 2623 W. Broadway Ave. – 46 Units

Gateway Lofts is 6 story, stucco and brick apartment building located on West Broadway Ave. in North Minneapolis.  The project was designed for low wage workers who work in the neighborhood or Downtown who need access to good public transportation.  The building was opened in 2012 and stays fully leased consistently.  Gateway Lofts is located in the Willard Hay neighborhood.  There are 22 studios, 18 one and 6 two bedroom apartments.  The building is fully handicap accessible.

Capital funding requires that tenants must earn less than 50% of area median income ($45,200 for a family of 4) at move-in.  Studios rent for $432 per month.  One bedroom units rent from $461 to 840 per month depending on income and availability.  Two bedroom units rent $925 per month.  Tenants pay their own electricity bills for lights and partial heat.

Gateway Lofts is a secure building with controlled entry.  The property includes underground parking.  The building has coin operated laundry facilities on each floor.  Each unit has air conditioning.  A lovely community room with kitchen facilities is available on the first floor for tenant gatherings or community meetings.

Gateway Lofts is managed by Hayes Gibson International.  To apply or check for housing vacancies, call (leave a message) at 612-287-9993. There is a $35 application fee (for each adult in the household) or a $50 fee if you have lived outside of MN in the last ten years.

 

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