Michel Commercial is pleased to present Lee Estates Apartments, a 24-apartment home property located in North Mankato. This well-maintained property has a strong occupancy history. Featuring a desirable mix of one- and two-bedroom homes. Residents enjoy on-site laundry and the convenience of surface parking and garages available for rent. With a strong track record of high occupancy and solid in-place income, the Lee Estates Apartments offers reliable and predictable returns, making it an attractive investment in a prime location.

Michel Commercial is pleased to present the Sunset Ridge Apartments, a 105-home apartment complex located in Fergus Falls, Minnesota. Built in 2015, Sunset Ridge was developed by the highly regarded Kuepers Architects & Builders, and has a desirable mix of one- and two-bedroom homes with open concept living rooms, attractive cabinetry, dishwashers, individual climate control, and detached garages. Community amenities include a fitness room, a community room, an outdoor grilling station, a play area for children, and laundry facilities. Sunset Ridge is located in Fergus Falls, a community known for its scenic beauty and green spaces. Sunset Ridge is just five minutes from the nearest Walmart and less than four miles from the city’s reputable elementary, middle, and high schools. The property is less than ten minutes from central Fergus Falls, including shopping, dining, the library, an award-winning hospital, and several riverfront parks, and less than fifteen minutes from Pebble Beach and the northern terminus of the 55-mile Central Lakes Trail. Residents enjoy easy access to Interstate 94 and Minnesota State Highway 210. Sunset Ridge Apartments is a turn-key investment opportunity in a community with stable rental demand. The property has a high occupancy rate, offering robust in-place income. With its desirable amenities, convenient location, and easy access to incredible green spaces, Sunset Ridge Apartments presents an appealing investment opportunity and provides residents with a place they can proudly call “home.”

Michel Commercial is pleased to present an exclusive listing for the sale of the Glenfield Park Estates, a 152-home, new construction, luxury apartment complex in the second-ring Twin Cities suburb of Blaine. Completed in 2023, Glenfield Park was developed by the highly regarded Kuepers Architects & Builders. Each of Glenfield Park’s well-appointed units features an open-concept layout, a private balcony, stainless steel appliances and a breakfast bar in the kitchen, in-unit laundry, and luxury flooring throughout. An indoor, ground-level parking space is currently included in the resident’s rent. The complex is rich with desirable amenities, including a fitness center, a theater, a resort-style outdoor pool and grilling station, a children’s play area, an elevator, and more. Glenfield Park is just ten minutes from the National Sports Center and the Village of Blaine Shopping Center and fifteen minutes from luxury golf course TPC Twin Cities, three of Blaine’s premier destinations. Lakeside Park at Spring Lake and Laddie Lake Park are both within two miles of the property, as is the Anoka County-Blaine Airport. There is a commercial hub less than four miles away, including Target, Menards, and restaurants. Glenfield Park offers quick access to Highways 10 and 65 and is within 16 miles of both central Minneapolis and downtown St. Paul. Glenfield Park Estates is a turn-key investment opportunity in one of the fastest-growing suburbs in the Twin Cities. Offering modern, luxury living in a prime location, below replacement costs. This property and location combine the best of both suburban and urban amenities, offering easy access to popular destinations, green spaces, and freeways. This stunning newly constructed property is a standout and a place residents are proud to call “home.”

Michel Commercial Real Estate is pleased to present an exclusive listing for the sale of The Cliffs of Minnetonka (the “The Cliffs”), a sprawling 456-unit apartment community. This rare offering is for sale for the first time. Built in 1985, this community features spacious units, open concept living, in-unit washers and dryers (322 units), heated underground parking, and resort-style amenities. The Cliffs is located in the city of Minnetonka, one of the most desirable suburbs in the Twin Cities, and situated in the top-rated Wayzata School District. The Cliffs is bordered by residential communities to the north and a robust commercial area directly to the south. Ridgedale Center Mall, one of the busiest malls in the Twin Cities, is just a five-minute drive away and features 108 stores (1.1 million square feet of retail space). Downtown Minneapolis is less than ten miles away via direct route on Interstate 394, which is less than a block from The Cliffs’ entrance. The Cliffs of Minnetonka is a value-add investment opportunity and is well positioned for accelerated rent growth through interior upgrades in the apartment units. The property is 96% occupied and over $1.5MM in capital improvements have been made to the common areas within the last year. Offered free and clear of existing debt, this property is a high yield investment opportunity when coupled with today’s attractive financing options. The Cliffs of Minnetonka is a rare jewel of a property that was built to be a showstopper and is located in a high barrier of entry market with easy access to top employment sectors, shopping, and freeways.