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Frequently Asked Questions

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Looking for answers about The Otto apartments in Waconia, MN? Our Frequently Asked Questions cover everything you need to know, from floor plans and finishes to community amenities and life near Lake Waconia. Whether you’re curious about pet policies or parking, this page is your go-to resource for finding the right home at The Otto.

  • Each apartment features modern, stylish interiors  with stainless steel appliances, quartz countertops, quality cabinetry, luxury vinyl plank flooring, and more. You’ll enjoy the convenient in-unit laundry, garbage disposals, and ice markers, plus central air/heat. Electronic locks make security simple, while plentiful natural lighting is found in all units.

    Some units also include private outdoor space, plus you’ll find floor plan options with either standup showers or tub/shower combos

  • Yes. We offer both heated underground garage parking and surface-level parking.

    • Unreserved surface lot parking for $25/month 

    • Reserved surface lot parking for $40/month 

    • Heated, reserved, underground garage for $75/month

    • EV garage for $125/month

  • Electricity is billed directly from Xcel Energy, and gas is billed directly from Centerpoint Energy - both are required to be set up in your name before move in.

    Monthly trash, recycling, and water are billed backed back on overall use.

    Residents may select the cable/internet provider of their choosing. Our apartment homes are equipped with Data Stream 1-Gig fiber-internet connections for $75/month and can be added to your monthly rent. All other providers will bill the resident directly.

    Utility Admin Fees: 

    • $8.00 Utility Management Admin Fee/Monthly

  • One-Time Fees

    • Application Fee: $50 per adult, due at the time of application

    • Admin Fee: $400 per apartment, due at move-in

    • Security Deposit: $500 or equivalent to one month or more of market rent, due upon approval

    • Renters Insurance is required, up to $300k personal liability

    Storage Fees

    • Optional on-site storage lockers: $40-$125/month, depending on size

    Pet Fees

    • Cat Fee: $300/one-time fee + $30/month rent 

    • Dog Fee: $500/one-time fee + $50/month rent 

    Max of 2 pets allowed. No breed or weight restrictions!

  • Yes! The Otto is pet-friendly and features a dog run. There is a maximum of 2 pets allowed, but no breed or weight restrictions!

    • Cat Fee: $300/one-time fee + $30/month rent 

    • Dog Fee: $500/one-time fee + $50/month rent

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