• The Otto - The Otto

The Otto

601 Industrial Blvd W, Waconia, MN 55387

Floor Plan Summary
Plus Fees Bedrooms Bathrooms
$1,335 - $2,546 Studio - 3 1 - 2

Up to 2 Months Free!

Up to 2 Months free! All 1-Bedrooms qualify for 1.5 months free and 2-Bedrooms for 2 months free. *Advertised pricing includes promo applied*

Pricing and Floor Plans

Cott

$1,445
Studio, 1 Bath
675 Sq. Ft.

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Jan. 1
Unit
Price
Sq. Ft.
Available
435
$1,445
675
1/1/26

1A1ott

$1,335 - $1,405
1 Bed, 1 Bath
726 Sq. Ft.

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7 Rentals Available
Unit
Price
Sq. Ft.
Available
403
$1,405
726
Now
321
$1,383
726
Now
131
$1,361
726
Now

1Fott

$1,405 - $1,433
1 Bed, 1 Bath
755 Sq. Ft.

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2 Rentals Available
Unit
Price
Sq. Ft.
Available
245
$1,405
755
Now
332
$1,433
755
11/1/25

1Gott

$1,451 - $1,467
1 Bed, 1 Bath
814 Sq. Ft.

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Nov. 1
Unit
Price
Sq. Ft.
Available
147
$1,451
814
11/1/25
102
$1,467
814
11/1/25

1Bott

$1,370
1 Bed, 1 Bath
726 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
327
$1,370
726
Now

2A1ott

$1,946 - $1,979
2 Beds, 2 Baths
1,069 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
243
$1,946
1,069
Now
318
$1,979
1,069
Now
118
$1,963
1,069
1/1/26

2Aott

$1,913 - $1,930
2 Beds, 2 Baths
1,069 Sq. Ft.

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Nov. 1
Unit
Price
Sq. Ft.
Available
123
$1,913
1,069
11/1/25
323
$1,930
1,069
11/1/25

1.5Aott

$1,799
2 Beds, 1 Bath
936 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
430
$1,799
936
Now

1.5Bott

$1,879
2 Beds, 1 Bath
903 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
428
$1,879
903
Now

2Fott

$1,884
2 Beds, 2 Baths
1,069 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
415
$1,884
1,069
Now

3Aott

$2,472 - $2,546
3 Beds, 2 Baths
1,354 Sq. Ft.

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Dec. 1
Unit
Price
Sq. Ft.
Available
120
$2,472
1,354
12/1/25
446
$2,546
1,354
3/1/26
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Map of The Otto

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Details

Lease Term Options

  • 9 - 18 Month Leases

Property Information

  • Built in 2023
  • 163 units / 4 stories

Fees and Policies

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

Utilities & Essentials

One-Time Basics

Due at Application

  • Application Fee Per Applicant
    $50 one-time

Due at Move-In

  • Administrative Fee
    $400 one-time

Due at Move-Out

Matterport 3D Tours

Property Highlights

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.

  • Roof Deck
  • Central Heating and A/C
  • Community Lounge
  • Grill Areas
  • Underground Garage
  • Dog Wash Area
  • Dog Wash Station
  • Clubhouse Patio with BBQ Grills
  • Community/Party Room
  • Large Balcony

Apartment Features

  • Air Conditioning
  • Balcony
  • Ceiling Fans
  • Crown Molding
  • Deck
  • Dining Room
  • Dishwasher
  • Disposal
  • Double Pane Windows
  • Double Vanities

Community Features

  • Breakfast/Coffee Concierge
  • Business Center
  • Clubhouse
  • Community-Wide WiFi
  • Conference Rooms
  • Controlled Access
  • Courtyard
  • Disposal Chutes
  • Dog Park
  • Fitness Center

Area Scores

Walk Score ®

Somewhat Walkable57 / 100

Bike Score ®

Somewhat Bikeable35 / 100

Transit

Airport
Minneapolis-St Paul International/Wold-Chamberlain
45 min Drive
Minneapolis–Saint Paul International

Moving to Carver County, Waconia, MN

Shopping Centers

Shoppers will appreciate The Otto proximity to Waconia Marketplace, Waconia Commons, and Waconia Square. Waconia Marketplace is 0.1 miles away, and Waconia Commons is within a 17 minute walk.

Parks and Recreation

Recreational activities near The Otto are plentiful. Discover 1 park within 1.2 miles, including Lake Waconia Regional Park.

Airports

Living in Carver County provides easy access to Minneapolis-St Paul International/Wold-Chamberlain, located just 45 minutes from The Otto.

Property Details

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.

The Otto is located in Waconia, MN in the 55387 zip code.

Reacor Ltd.

Contact

Property Address:
601 Industrial Blvd W,
Waconia, MN 55387
Phone Number: (952) 800-9993
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday9:00 AM - 5:00 PM
  • Tuesday9:00 AM - 5:00 PM
  • Wednesday9:00 AM - 5:00 PM
  • Thursday9:00 AM - 5:00 PM
  • Friday9:00 AM - 5:00 PM
  • SaturdayCLOSED

Renter Reviews

For The Otto

4.4

37 Ratings & Reviews

How Is This Rating Determined?

8/22/25

Be Ready for Text Messages

The Otto is a beautiful facility. The decorators did an amazing job. However, as others have said, there are thin walls and floors so you can hear people walking above you and talking next door. They also send ALOT of text messages (almost 1-2/day). I get more text messages from them than I get from my friends and family. It gets to be a bit much.

Review from Apartments.com

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2/15/25

Glad to live at the Otto!

Very happy I made the move here after 15 years in Minneapolis. Amenities/location is great. More importantly, clean, safe, quiet and responsive property managers.

Review from Apartments.com

1 Person Found This Helpful

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2/14/25

Great Apartment!

I have lived here for about a year now and I am really enjoying it. The apartment itself has great natural light, updated appliances, very modern and quiet neighbors. I also have a medium sized dog and we really enjoy the pet spa and dog park for him to run around in! I would recommend living here!!

Review from Apartments.com

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2/14/25

A Place to Call Home

Bright open floor plans with lots of space. Amenities that make having a pet easier like the pet spa and dog run. We love the coffee bar, patios and gym. All close to everything Waconia has to offer.

Review from Apartments.com

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2/14/25

Modern living in Waconia!

After staying at The Otto for almost 9 months, I can confidently say that it is one of the best managed properties in Waconia. Right from Katie helping us in a very smooth move in, to being very transparent about all the fees, crystal clear communication, prompt maintenance, and the current management going above and beyond to ensure a comfortable time for all the residents, it has been a great experience for me and my partner.
The units are modern, with really nice kitchen appliances and lots...
of windows for natural light. The units on the back side face a wooded area, which you'll love if you're a nature lover.
They have a dedicated package room and the management puts in efforts to arrange packages by floor, so you can find yours right away.
The Otto also has great amenities, including a gym with a good variety of equipment as well as a yoga studio. There are also a couple of outdoor areas with grills and seating if you plan on having parties. The theater room is amazing for a movie night.
The apartment is pet friendly and there is enough area around the building to walk your dogs or play fetch with them.
The location is ideal, being at a walking distance to grocery stores and restaurants. The Target in Waconia is only a 5 minute drive away.
For anyone who wants to live in a modern apartment, where the management really cares about the residents, The Otto is a go-to.

Review from Apartments.com

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