Properties listed in North Branch

Michel Commercial is pleased to present the Falcon Apartments, a 144-home community in North Branch, Minnesota in Chisago County. Developed by the highly regarded Kuepers Inc. and delivered in 2022 and 2023, the property provides investors the opportunity to acquire a newly built, fully occupied asset in a supply-constrained submarket with no concessions and clear rent growth potential. Chisago County’s population has grown nearly 17% over the past decade, yet new housing development has not kept pace. With no multifamily projects currently under construction or in the pipeline, Falcon Apartments is well positioned to capture the advantages of a widening gap between housing demand and available units—supporting sustained occupancy and ongoing rent growth. Anchored by durable income, high-quality construction with spacious layouts and desirable amenities, and clear potential to raise in-place rents, Falcon Apartments delivers long-term value and compelling performance in a market defined by limited supply and sustained demand.