• Velo - Velo Apartments

Velo Apartments

115 N 2nd St, Minneapolis, MN 55401

- Map
Map
Floor Plan Summary
Monthly RentBedroomsBathroomsSq. Ft.
$1,433 - $3,071Studio - 2 BedsStudio - 2 1 - 2 Baths1 - 2 532 - 1,234 sq. ft.

Pricing and Floor Plans

Mochet

$1,433 - $2,406
Studio, 1 Bath
532 Sq. Ft.
1 Rental Available
Unit
Price
Sq. Ft.
Available

Handsome

$1,553 - $1,940
1 Bed, 1 Bath
642 Sq. Ft.
1 Rental Available
Unit
Price
Sq. Ft.
Available

Kent

$1,570 - $1,927
1 Bed, 1 Bath
593 Sq. Ft.
1 Rental Available
Unit
Price
Sq. Ft.
Available

Bianchi

$1,663 - $2,045
1 Bed, 1 Bath
726 Sq. Ft.
1 Rental Available
Unit
Price
Sq. Ft.
Available

Pinarello

$1,954 - $2,260
1 Bed, 1 Bath
844 Sq. Ft.
Dec. 17
Unit
Price
Sq. Ft.
Available

Raleigh

$1,749 - $2,061
1 Bed, 1 Bath
729 Sq. Ft.
Jan. 21
Unit
Price
Sq. Ft.
Available
*Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price and availability is subject to change without notice.*Square footage definitions vary. Displayed square footage is approximate.

Details

Lease Term Options

  • None

Property Information

  • Built in 2014
  • 101 units/6 stories

Specialty Housing Details

This property is intended and operated in accordance with the Housing for Older Persons provisions of the Fair Housing Act.

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

One-Time Move-In Fees

  • Administrative Fee
    $200
  • Application Fee
    $50
  • Conservice Final Bill Fee
    $15
  • Conservice Set Up Fee
    $15

Property Details

VÉLO was thoughtfully designed to provide residents with a genuine and inspiring environment that facilitates healthy sustainable living. Easy access to 170+ bike/walking trails, distinct local shops on the first level and in the bustling North Loop... area, organic grocery store next door, public transportation, and rental bike stations make it apparent VÉLO is a hub in the urban lifestyle. The community provides many amenities that add convenience, revitalize, inspire, and satisfy everyday needs. Featuring storage lockers, guest parking, and a bike wash with an extensive bike repair station. Exercise in the fitness center, or yoga studio and then unwind in the cool down room or schedule a message. Entertain with the skyline of Downtown Minneapolis as your background on the outdoor club patio, bar, and grill, bocce ball court, or around the fire pit.

Velo Apartments is located in Minneapolis, Minnesota in the 55401 zip code. This apartment community was built in 2014 and has 6 stories with 101 units.

Apartment Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Ceiling Fans
  • Dishwasher
  • Disposal
  • Heating
  • Microwave
  • Patio
  • Range

Community Features

  • Controlled Access
  • Courtyard
  • Fitness Center
  • Lounge

Property Highlights

  • Outdoor Grilling Station
  • Bike Workshop
  • Party Room
  • Bocce Ball
  • Fireplace and Firepit
  • Massage Room
  • Wood Plank Flooring
  • Leasing Office
  • Outdoor Sun Shower
  • Yoga Studio

Map of Velo

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Area Scores

Walker's Paradise
Walk Score®
95
Out of 100
Excellent Transit
Transit Score®
84
Out of 100
Biker's Paradise
Bike Score®
96
Out of 100
Active
Soundscore
68
Out of 100

Renter Reviews

For Velo

4.8

10 Ratings & Reviews

How Is This Rating Determined?

6/22/23

It’s a bad idea.

Motel 6 and Velo… what’s the difference? Not much. To start, there are homeless people wandering around or sleeping in common areas on a reoccurring basis, and cars getting broken into all the time. This place has absolutely zero security and management does nothing to boost security. Instead, they will tell you to call the police or to avoid using the main door so that no one sneaks in. Your apartment unit is breaking down every month and maintenance will apply bandaid fixes so good luck with... that. You can pay a similar amount elsewhere in north loop for way more amenities, safety, and a better quality of life. Management cares about one thing and it’s money; they will gouge you every chance they can. If some random throws a couch in your dumpster, guess what, you’ll pay for the removal. I had my apartment professionally cleaned after I moved out, but I still got charged a “cleaning fee”. The place was insanely clean. Your apartment will be very cold in the winters so bundle up, and you’ll pay insane energy bills all year round as these units are not sealed. I could go on and on but I’ll leave it at that. I rarely write reviews, but this is warranted, especially if it helps you not make a bad decision.

Review from Apartments.com

1 Person Found This Helpful

Property Manager at Velo responded to this review

We are sorry to see that we did not fulfill your expectations here at Velo. Velo remains vigilant in the terms outlined per the legally binding lease contract. In addition, our maintenance team members' average response time to a service request is... less than 24 hours, as long as there is a request for service. Eclectic billing is separate and priced dependent on the resident personal usage. Lastly, we would be more than happy to share move-out photos with you regarding the final account billing. I would love the opportunity to discuss this further, please contact me at 612.333.8356

Kelly - Community Manager

6/8/19

Look Elsewhere

VÈLO, located in the North Loop, is a modern building with nice amenities and comparable pricing. Unfortunately, all of these positives are irreparably marred by a management team that can only be described as wholly incompetent and expressly disinterested in resolving even the simplest day-to-day issues of apartment building life.

The issues themselves are numerous: Poor ventilation and installation in the bathrooms causes recurring mold and mildew problems. Public areas are plagued by insects...
, shoddy cleaning, and supply issues. Dog owners refuse to pick up waste in front of the building and on the 2nd floor deck (from the gym you get to enjoy a direct view of dogs pissing on the deck’s astro turf bocce ball court) and are not reprimanded. HVAC systems are underserved. Rent checks are cashed unpredictably. And the entire building seems to be in a continuous state of mild chaos.

Individually, any one of these issues is to be expected in apartment living. The crux of the problem, and what makes it impossible to recommend VÈLO as a home, is the management's complete unwillingness to even try to do their job. Correspondence with management is unreliable at absolute best - we had to personally stop by the office every single day for over two weeks just to make sure that progress was being made on our bathroom’s mold removal (and they still did such a half-assed job that the mold has already returned). Maintenance will often cancel requests from the app with no explanation. And when they do bother to stop by your unit, they do so without warning and their work is so poor that the problem always returns.

No building is perfect. But the building management team of VÈLO should be humiliated at the rate at which extremely simple issues repeatedly exceed their abilities to address. How difficult is it to instruct the custodial team to clean common areas? How difficult is it to resolve a mold issue, or to clean HVAC units? Challenges that tens of thousands of buildings swiftly and easily resolve every single day across the country leave the VÈLO team dumbfounded. And the result is a deep and persistent dissatisfaction from a growing host of residents.

Until sweeping personnel and policy changes are implemented property-wide, we cannot recommend VÈLO. Look elsewhere for North Loop living.

Review from Apartments.com

4 People Found This Helpful

8/16/18

yes

yes

Review from Apartments.com

Property Manager at Velo responded to this review

Thank you for the five star review!
-Nate, Assistant Business Manager

8/16/18

The office staff... (Verified Renter)

The office staff have been super helpful and very friendly. I enjoy living somewhere where the office knows the residents.

Review from Apartments.com

Property Manager at Velo responded to this review

Thank you so much for the five star review! We strive to develop a great relationship with everyone in the building. Great to hear that you feel right at home.
-Nate, Assistant Business Manager

4/18/17

One negative is... (Verified Renter)

One negative is the recent change to charge residents for water trash and sewer. I am rarely home and yet I have a bill every month for $35 for other people's use. One wonderful selling point of Vélo was that all services were included in rent. Now it's just another building.

Review from Apartments.com

Moving to Minneapolis, MN

Shopping Centers

Shoppers will appreciate Velo Apartments proximity to Minneapolis City Center, Laurel Village, and Village Center. Minneapolis City Center is 0.9 miles away, and Laurel Village is within a 17 minute walk.

Commuting

With a TransitScore of 84, Velo Apartments has excellent transit, including 10 transit stops within 20.8 miles. Transit options include Warehouse District/Hennepin Avenue Station and Target Field Station.

Parks and Recreation

Recreational activities near Velo Apartments are plentiful. Discover 5 parks within 1.5 miles, including Nicollet Island Park, First Bridge Park, and Mill Ruins Park.

Airports

Living in Minneapolis provides easy access to Minneapolis-St Paul International/Wold-Chamberlain, located just 23 minutes from Velo Apartments.

(612) 482-3315