MBE was utilised to produce a low-temperature double-heterostructure of MnAs/InAs/MnAs on GaAs(111)B for vertical spin field effect transistor (VSFET). Due to the difficulty of developing InAs at low temperatures, we created a single InAs thick layer (~1.2 μm) at 250oC with varying V/III ratio (As/In = 2, 10, 20) to validate the appropriate development environment. Their structural and electrical characteristics were best at V/III ratio 10. Then, varying the As/In beam equivalent pressure (BEP) ratio, we created the double heterostructure at low temperature (~250oC). AFM showed InAs V/III ratio-related surface roughness fluctuation. SEM and EDS cross-sectional investigation showed three layers of MnAs and InAs. We discovered in-plane easy magnetization and the influence of top and bottom MnAs layers on the hysteresis curve using a superconducting quantum interference device (SQUID) magnetometer. MnAs layers were ferromagnetic at room temperature MH measurements. MnAs/InAs/MnAs on GaAs(111)B has potential as a structure for spin-FETs.