Properties listed in Minneapolis

Michel Commercial is pleased to present The Bessemer at Seward Commons — a 128-home, luxury market-rate apartment community in the heart of the Seward neighborhood in Minneapolis, MN. Delivered in December 2021 by award-winning developer Schafer Richardson, this five-story property showcases high-quality construction, modern design, and unmatched connectivity in one of the city’s most thoughtfully planned redevelopments. As the first market-rate* development in the neighborhood in over 40 years—and one of Minneapolis’ earliest Opportunity Zone projects— The Bessemer anchors the Seward Commons master plan with lasting significance. Each home features an open layout with luxury plank flooring, stainless steel appliances, in-unit laundry, and expansive closets. Select units offer private balconies or patios, and heated underground parking is available. Residents enjoy a refined amenity package that includes a fully equipped fitness center, a fireside lounge and welcoming lobby, an outdoor terrace with fire pit and grilling stations, a club room, and a dedicated dog park. This is a lifestyle-driven offering designed to attract and retain quality residents. Offered at well below replacement cost, The Bessemer is a rare opportunity to acquire a luxury Class A asset with meaningful upside. With no new market-rate developments underway in Minneapolis and vacancy down 250 basis points in the submarket over the past 20 months, the property is well-positioned for continued absorption and rent growth. Anchored by durable income, high-quality construction, and a prime transit-oriented location, The Bessemer offers long-term value and compelling performance potential in an increasingly supply-constrained market.

Michel Commercial is pleased to present 3308 E 38th Street, a 12-apartment home property located in Minneapolis. This well-maintained property has a strong occupancy history in a stable location. Featuring mainly one-bedroom homes with large closet space. With a strong track record of high occupancy and solid in-place income, the 3308 E 38th Street Apartments offers reliable and predictable returns, making it an attractive investment in a prime location.

Michel Commercial presents the Minnehaha Portfolio, a collection of three distinct properties totaling 45 apartment homes. These properties are available for purchase individually, in pairs, or as a complete portfolio, offering flexibility to investors. With prime locations and strong in-place income, this portfolio offers investors a unique chance to capitalize on the current momentum while positioning each property for sustained NOI growth.

The Calhoun Towers Apartments are a 21 story high rise near Lake Calhoun with 108 units. The property has underground parking, a fitness center, a community room, elevators and balconies.