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Under Contract
$ 1,200,000
The apartments located at 1060 3rd Street East in St. Paul has an excellent unit mix of 1 studio, 2 one bedroom units, 6 two bedroom units, and 1 three bedroom unit. There are 10 garage stalls available to the tenants for additional rent. Storage closets are available to the tenants as well. The laundry room is equipped with one washer and one dryer, coin operated, and owned by the seller. The roof is approximately 15 years old, all windows have been replaced and are in good condition, and the hot water heat is generated by a high efficiency boiler, brand new in 2019! There are 6 security cameras located on the property adding to the comfort of the tenants at the property. The units are equipped with electric stoves, refrigerators, range hoods, and thru wall air conditioners.
6,634.00 ft2
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!
460,619.00 ft2
Under Contract
$ 5,255,000
Woodbridge Apartments offers spacious apartments with a nice unit mix in a central location in Owatonna. This community includes one, two, and three bedroom apartment homes that are clean and well-maintained, each with a full complement of the appliances that everyone wants. There are laundry facilities on each floor and a playground and basketball court for the kids. There are garage stalls and off-street parking for the convenience of the tenants. Woodbridge is a well maintained apartment property located in vibrant and progressive Owatonna, Minnesota. Professionally managed, this property is expected to retain a high occupancy and a steady revenue stream on into the future.
84,932.00 ft2

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
$ 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
$ 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

Michel Commercial Real Estate was founded by Steve Michel in 1987 and is focused on selling multi-family housing. The firm has sold over $1,800,000,000 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

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

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

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