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Golden Valley Greenway

Golden Valley Greenway

2701 Brunswick Ave N  /

Golden Valley Greenway

Property Details

Price:
Property Type Multifamily
Number of Units: 66
Garages: 66
County: Hennepin

Description

Michel Commercial is pleased to present Golden Valley Greenway (GVG)—a 66-home apartment community located in Crystal, MN. Mostly renovated in 2013, the property features modern interiors with stainless steel appliances, granite countertops, luxury vinyl flooring, an attractive unit mix, and garages. GVG also benefits from a resident utility billing system (RUBS) where residents pay for a portion of the utility expenses, competitive in-place rents, and consistently strong occupancy. Golden Valley Greenway offers spacious one- and two-bedroom floor plans in a pet-friendly community. Residents enjoy secure building access, an elevator, app-operated laundry on every floor, a fitness center, private garages and storage, and ample off-street parking for both residents and guests. Golden Valley Greenway represents a compelling investment opportunity in a high-demand northwest metro location with limited new deliveries. With strong occupancy, modern amenities, and proximity to major employment centers, the property is well-positioned to deliver stable cash flow and long-term value growth. Favorable submarket conditions—marked by moderating deliveries and stabilizing vacancy rates—further support continued rent growth and reliable performance.

Location

Situated just off Highway 100 and minutes from downtown Minneapolis, GVG provides quick access to shopping, dining, schools, and major employers across the northwest metro. Nearby bus routes and local trails further support a convenient, well-connected lifestyle.

Highlights

Solid Performance
Golden Valley Greenway has a proven track record of consistent income and strong resident demand, reflected in high occupancy and zero concessions. Efficient operations—including an in-place Ratio Utility Billing System (RUBS) where residents cover most utility expenses—further enhance performance. Current rents remain below comparable suburban properties, creating meaningful upside as leases renew. In addition, the opportunity to renovate the remaining 10% of units offers further value-add potential.

Strong Historical Occupancy
Golden Valley Greenway has maintained consistently strong occupancy, supported by its desirable location, modern amenities, and well-designed floor plans. The property attracts longterm renters who value stability and convenience, resulting in dependable income and reduced turnover costs.

Excellent Connectivity Throughout the Metro
Residents enjoy quick access to Highway 100, I-94, and I-394, placing downtown Minneapolis just 10 minutes away. Multiple Metro Transit bus routes and nearby trail connections further enhance accessibility, offering seamless options for commuters and families alike.

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