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$ 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
Under Contract
$ 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
Under Contract
Michel Commercial Real Estate is pleased to represent the Owner as Exclusive Investment Advisor/Broker in the marketing of Live Active Apartments (“The Property”). The Live Active Apartments is the most amenity rich complex in Mankato! Built in four phases from 1973 to 2016: Briargate I & II, Southridge, The Preserve, and the Cachet are comprised of 26 buildings on over 31 acres. The Live Active Apartments boast 1,079 beds (524 units) and attracts students as well as young professionals with their variety of unit styles, pricing, and access to amenities. The Live Active Apartments are strategically located less than half a mile away from Minnesota State University, Mankato as well as various restaurants and shopping. In addition to this, they offer a host of resort-style amenities including a new clubhouse, workout facility, a tanning bed, heated pool, indoor hot tub, hockey and ice skating rink (in the winter), bonfire pits, dog park, basketball court, sand volleyball courts, and more. With more amenities than any other complex in Mankato, the Live Active Apartments are the most desirable place to live, study, work, compete, and play! LiveActiveApartments.com
460,619.00 ft2
524

Sold Properties

$ 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
$ 16,140,000
The Cedar Pointe Estates was constructed between 2016 and 2019. There are 145 apartment units consisting of 50 one-bedroom units, 91 two-bedroom units, and 4 two-bedroom plus den units. The property does not have any affordability restrictions. There are 95 detached garage stalls plus an additional 263 surface parking spaces. Amenities include one community room with kitchen in each building, BBQ grills, one fitness room in each building, a playground, one elevator per building, laundry rooms on each floor of every building (10 rooms) and one on-site leasing office. While the owner is responsible for heat, hot water, water, sewer, and trash, the tenants pay for their own electric and have access to cable TV, internet, and garage stalls.
139,450.00 ft2
145
$ 11,000,000
Highland Shores Luxury Apartments is a premier apartment community in Chaska. Built in 2008 with 58 luxurious units, the building includes Studio, 1, and 2 Bedroom apartment homes with upscale amenities such as heated underground parking, a 24 hour fitness center, a barbecue area and picnic patio, and a community room. Highland Shores is a luxurious place to call home.
70,000.00 ft2
58


 
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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