The Pines on 33rd

Michel Commercial is pleased to present The Pines on 33rd, a 183-home community consisting of apartment buildings, townhomes, and patio homes in St. Cloud, Minnesota. Developed by the highly regarded Kuepers Inc. and delivered in two phases between 2021 and 2025, the property presents a rare opportunity to acquire a newly constructed, high-occupancy asset in a supply-constrained submarket, offering no concessions and clear upside through continued rent growth. The Pines is anchored by durable in-place income, high-quality construction with spacious layouts and desirable amenities including in-unit laundry. The strong occupancy and lack of new supply provides clear upside with the opportunity to increase rents. The Pines on 33rd offers long-term value and compelling performance in a supply-constrained St. Cloud market supported by sustained renter demand.

Positioned along 40th Ave South in St. Cloud, The Pines on 33rd offers convenient access to major regional transportation corridors, including Interstate 94, U.S. Highway 10, and Minnesota State Highway 15, providing efficient connectivity throughout Central Minnesota and to the Twin Cities. The property benefits from steady renter demand supported by a diversified employment base anchored by CentraCare Health Systems, St. Cloud State University, the St. Cloud VA Health Care System, St. Cloud Area School District #742, and major regional employers such as Coborn’s, Inc. and New Flyer of America.