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Home / Minneapolis Area Apartments / Waconia / The Otto
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Updated 2 hours ago

The Otto


601 Industrial Blvd W Waconia, MN

Studio - 2 Bed
•
1 - 2 Bath

556 - 1,069 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,352
556 ft2
1 Available
Managed By: Reacor, Ltd.
Unit 429
$1,352
Available Now
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1 Bed • 1 Bath
$1,361 - $1,423
726 ft2
10 Available
Managed By: Reacor, Ltd.
Unit 321
$1,383
Available Now
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Unit 331
$1,383
Available Now
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Unit 433
$1,383
Available Now
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Unit 419
$1,383
Available Now
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Unit 242
$1,391
Available Now
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Unit 440
$1,423
Available Feb 1st, 2026
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Unit 119
$1,361
Available Mar 1st, 2026
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Unit 124
$1,378
Available Mar 1st, 2026
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Unit 114
$1,378
Available Mar 5th, 2026
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Unit 206
$1,391
Available May 10th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,405 - $1,419
755 ft2
2 Available
Managed By: Reacor, Ltd.
Unit 245
$1,405
Available Now
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Unit 445
$1,419
Available Mar 1st, 2026
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2 Beds • 2 Bath
$1,880
1043 ft2
1 Available
Managed By: Reacor, Ltd.
Unit 405
$1,880
Available Now
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2 Beds • 1 Bath
$1,879
903 ft2
1 Available
Managed By: Reacor, Ltd.
Unit 428
$1,879
Available Now
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2 Beds • 2 Bath
$1,913 - $1,963
1069 ft2
8 Available
Managed By: Reacor, Ltd.
Unit 243
$1,946
Available Now
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Unit 223
$1,921
Available Now
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Unit 423
$1,942
Available Now
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Unit 123
$1,913
Available Now
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Unit 323
$1,930
Available Now
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Unit 118
$1,963
Available Now
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Unit 104
$1,963
Available Feb 1st, 2026
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Unit 343
$1,955
Available Mar 1st, 2026
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3 Beds • 2 Bath
$2,365 - $2,435
1354 ft2
0 Available
Managed By: Reacor, Ltd.
Unit 120
$2,365
Rented
View
Unit 446
$2,435
Rented
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Where you'll live
Street View
Map View
Satellite View
The Otto
The Otto
The Otto
Amenities
Fitness Center
Refrigerator
Garbage Disposal
Controlled Access
Hardwood Floors
Pantry
Dog Park
Island Kitchen
Linen Closet
Range / Oven
Microwave
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $500
Property details
Description

Drawing inspiration from the surrounding community and environment, The Otto is an inviting apartment building featuring an elevated level of design so you feel right at home. With thoughtfully curated interiors and modern amenity spaces, The Otto provides an ideal suburban community in a park-like setting. You'll have access to beautiful outdoor spaces, while surrounded by exceptional dining, wineries, entertainment, and next-level healthcare. Living at The Otto provides an opportunity to experience upscale living and an exceptional level of convenience.
We invite you to stay awhile.

Additional Details
Total Unit Count: 163
Last Updated: Updated 2 hours ago
Contact Number: (952) 254-4160
Property manager information
Reacor, Ltd.
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Photos Floor Plans Amenities
Renters Also Viewed
$1,545 - $2,400
The Uptown Apartments
233 S Olive St Waconia, MN
1 - 2 BR | Available Now
0.9 miles away
$1,195
Fairhill Apartments
140 3rd St W Waconia, MN
2 BR | Feb. 10, 2026
0.8 miles away
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Otto by bedroom type below.
Studio
Suggested income:
$48,700
per year
1 Bedroom
Suggested income:
$50,000
per year
2 Bedroom
Suggested income:
$69,400
per year
Rent report

The Otto Rent vs. Waconia Average

 The Otto      Waconia Average
1BR
$1,390
$1,030
$0
$500
$1,000
$1,500
$2,000
Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Otto
Studio $1,352 $2.40 $4,056
1BR $1,390 $1.90 $4,169
2BR $1,929 $1.80 $5,788
Waconia Average
1BR $1,030 $1.60 $3,090
3BR $2,725 $1.40 $8,175

Availability in Waconia

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1 1BR units on the market in Waconia. If you're looking to negotiate, this may be your best option.

1BR
3BR
50% 50%
Available Units in Waconia
1BR 1
3BR 1
Location
Nearby Hospitals
Name Distance
Ridgeview Medical Center 0.51 mi.
St Francis Regional Med Center 15.1 mi.
Glencoe Regional Health Srvcs 17.94 mi.
Nearby Fire Stations
Name Distance
Waconia Fire Department 0.96 mi.
Waconia Fire Department 1.01 mi.
Cologne Fire And Rescue Department 4.8 mi.
FAQs
Is this property currently leasing units?
Yes. There are 23 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 22 units available for move-in over the next 2 months. 15 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 556 to 1,069 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,352 to $1,963. The Otto has studio units available starting at $1,352, 1 bedroom units available starting at $1,361, and 2 bedroom units available starting at $1,879.
Where is this property located?
This property is at 601 Industrial Blvd W in Waconia, MN. It's 1.2 miles southwest from the center of Waconia.
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