Michel Commercial is pleased to present 7th Avenue Apartments, a 36-home community in the city of North Saint Paul,
Minnesota. Built in 1982, the property offers investors the opportunity to acquire a well-maintained asset with meaningful
scale, convenient surface and covered parking, on-site laundry, and a strong location within an established Twin Cities
submarket.
7th Avenue presents a compelling investment opportunity
supported by strong in-place cash flow and the ability to
further enhance returns. Select units have been beautifully
renovated, offering a clear path for continued interior
upgrades to drive rent growth across the remaining units.
Additionally, the implementation of a RUBS program
provides meaningful upside through utility reimbursements,
creating an opportunity to increase income while
maintaining competitive positioning within the submarket.