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The Marshview Meadows Apartments were built in 2015 with a four story above ground design, a pitched roof and a vinyl siding exterior. The property consists of 8 one bedroom units, 20 two bedroom units, 4 three bedroom units and 24 detached garages. Some unit features include large attractive floorplans, stainless steel appliances, microwave, dishwasher, ceiling fan, walk-in closet, central air, balcony and access to cable/internet. Some common area features include an elevator, laundry facilities on each floor and secured entries. The residents pay for their trash, electricity and cable/internet. The sale includes adjacent land zoned for more apartments.
32
Michel Commercial Real Estate is pleased to offer for sale the 2215 74th Street West apartments, an 11-unit apartment property located in Richfield, MN in Hennepin county. Built in 1961, this property is fully occupied and is comprised of (11) one-bedroom units that have been updated and well-maintained. Each unit has an updated kitchen and updated appliances: a refrigerator, an oven, a microwave, and individually controlled air conditioning. There are laundry facilities on-site (2 washers and 2 dryers) and each unit has access to a private storage locker. The residents of this property appreciate its close proximity to major roadways (Penn Avenue, I-35W, and I-494), local schools, parks, restaurants, shopping, and more. The 2215 74th Street West apartments offers clean and comfortable living with an urban suburban feel.
11
The Falcon Heights Town Square Senior Apartments and the Falcon Heights Town Square Apartments are located in Falcon Heights, MN in Ramsey County. These properties have a total, combined unit count of 175-units and are a mix of market rate (65%) and affordable (35%) units. The sale includes approximately $1.7 million in TIF. The Falcon Heights Town Square Senior Apartments were built in 2003 and have 56 units (32% of the portfolio). This property features one-bedroom units, one-bedroom + den units, and two-bedroom units that vary in size and style. About 95% of the units are market rate and 5% of the units are affordable. Each unit has an in-unit washer and dryer, central heat and air conditioning, a dishwasher, a microwave, a refrigerator, a self-cleaning oven, a step-in shower, and is cable/ satellite ready. This independent, senior (62+) living community also has a 24-hour fitness room, a game room, a puzzle room, a media room with internet, a library, two community areas with fireplaces, and an outdoor community space. The Falcon Heights Town Square Apartments were built in 2004 and have 119 units (68% of the portfolio). This property features one-bedroom units, two-bedroom units, and three-bedroom units that vary in size and style. About 51% of the units are market rate and 49% of the units are affordable. Each unit has an in-unit washer and dryer, air conditioning, a dishwasher, a refrigerator, a self-cleaning oven, and generous closet space. This property also has multiple retail spaces with great visibility on the ground floor. The Falcon Heights Town Square Senior Apartments and the Falcon Heights Town Square Apartments feature ample heated underground parking ($50/month) as well as surface parking. These properties are centrally located and the residents enjoy the close proximity to I-35W and Highway 36. The convenient location also allows for easy access to: the Rosedale Mall, downtown St. Paul, local businesses, parks, trails, the Mississippi River, local schools, restaurants, bus lines, and more. The Falcon Heights Town Square Senior Apartments and the Falcon Heights Town Square Apartments offer comfortable and spacious living with an urban suburban feel.
175
The Villas of Savage provide the ultimate in comfortable living. This 14-unit townhome community is located in Savage, MN in Scott County. Built in 2016, this property is comprised of (14) two-bedroom, two- bathroom units that have been elegantly finished. Each unit is bright and warm with a private entrance, an open floor plan, 9-foot ceilings, a kitchen island, ample cabinet space, stainless steel appliances, large walk-in closets, and full-size in-unit washers and dryers. The Villas of Savage also provide an attached garage stall for each unit and the first floor Villas have walk-out patios and in-unit storage rooms. The Villas of Savage offer spacious, luxurious living in a residential setting and residents enjoy the easy access to local businesses, regional and city parks with walking and biking trails, local schools, highways, shopping, restaurants, bus lines, and simple commutes to downtown Minneapolis and St. Paul.
14
Under Contract
$ 2,190,000
The Stratford Terrace and Autumn Cove Apartments are a 29-unit apartment portfolio located minutes a part in St. Cloud, MN in Benton County. Built in 1989 and 1993, this two-building portfolio is comprised of: (1) one-bedroom unit, (27) two-bedroom units, and (1) three-bedroom unit. Each unit has individually controlled air conditioning, an oven, a refrigerator, and a dishwasher. There are laundry facilities on-site at each property and both properties have been well maintained with recent updates (see highlights). Stratford Terrace offers free WiFi and has 10 garages ($35/month). The Stratford Terrace and Autumn Cove Apartments offer spacious, economical living in a quiet residential setting. Conveniently located, residents enjoy easy access to downtown St. Cloud, the Mississippi River, Walmart, local businesses, parks, schools, highways, shopping, restaurants, and more.
37,461.00 ft2
21
The Southview Greens Apartments are a three-building apartment complex with 18-units in each building for a total of 54-units. This property also has an additional 5 acres of high-density buildable land (zoned R-3C) and is located in Inver Grove Heights, MN in Dakota County. Built in 1988, this property is comprised of: (15) one-bedroom units, and (39) two-bedroom units that vary in size and style. Each unit has a self-cleaning oven, a refrigerator, a microwave, and a dishwasher. This property also has on-site laundry facilities and underground parking. The Southview Greens Apartments border the Southview Country Club golf course and has ample green space and walking paths. Conveniently located, the residents enjoy easy access to downtown St. Paul, local businesses, parks, trails, the Mississippi River, local schools, highways, shopping, restaurants, bus lines, and more. The Southview Greens Apartments offer spacious, economical living near the city yet in a residential setting.
135,036.00 ft2
54

Sold Properties

$ 2,635,000
The South Haven Apartments in Brainerd, MN is a 36 unit complex in Crow Wing County.​ Built in the 1960’s, this attractive property is comprised of three 12 unit buildings with 6 one bedroom units and 6 two bedroom units in each building.​ Each unit has air conditioning, a self-cleaning oven and a refrigerator, with some units having a dishwasher as well.​ This property also has onsite laundry facilities on each floor.​ There are 22 garage stalls available along with ample off-street parking.​ The exterior and grounds have been completely upgraded over the past few years.​ Conveniently located, residents enjoy access to local businesses, parks, trails, highways, local schools, and more.​ The South Haven Apartments offer spacious, economical living in a residential setting.​
118,047.00 ft2
36
$ 36,800,000
Remington Cove Luxury Apartments is a premier apartment community in Apple Valley. Built in Fall 2015 with 101 luxurious units, the building includes 1, 2, and 3 Bedroom apartment homes with upscale amenities such as heated underground parking, a 24 hour fitness center, an outdoor fire pit and picnic patio, off leash dog park, and a community room with a full kitchen. Remington Cove is a luxurious place to call home.
181,800.00 ft2
101


 
Michel Commercial Real Estate was founded by Steve Michel in 1987 and is focused on selling multi-family housing. The firm has sold over $1,950,000,000 in apartment sales and are known for extensive regional & national marketing, strong relationships, and negotiation expertise. Recognized as a top dealmaker in the Midwest, Michel Commercial Real Estate generally trades 1,500 units each year and represents both private and institutional investors. Michel Commercial Real Estate regularly receives the ‘Power Broker Award’ for being among the highest overall in apartment transaction volume in the Midwest multi-family market.

The Executive Team

Over 100 Years of Combined Experience

Steve Michel

President
Steve founded Michel Commercial Real Estate in 1987. He was licensed to sell real estate ...

Peter Michel

Vice President
Peter joined Michel Commercial Real Estate Intl. Inc in 1991 and focuses solely on selling ...

Phil Reesnes

Vice President
Phil joined Michel Commercial Real Estate Intl. Inc. in 2002. Specializing in multifamily ...

Ben Michel

Senior Associate
Ben joined Michel Commercial Real Estate in 2010 as an investment property specialist, and ...

Heidi Addo

Associate
Heidi joined Michel Commercial Real Estate after many years of teaching elementary aged st ...

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