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Mainstreeter Apartments

Mainstreeter Apartments

800 Main St N  /

Mainstreeter

Property Details

Price:
Property Type Multifamily
Year Built: 2018
Number of Units: 57
County: Stearns

Description

Michel Commercial is pleased to present Mainstreeter a 57-home property in the historic town of Sauk Centre, MN. Delivered in 2018 and constructed by Alliance Building Corporation, this property showcases high-quality construction, modern design, and connectivity to larger cities. Mainstreeter homes offering a blend of comfort, convenience, and scenic charm. Built in 2018 with a Phase II expansion in 2021, the property features a mix of studio, one-, two-, and three-bedroom floor plans designed with open layouts, in-unit washers and dryers, air conditioning, and private patios or balconies. Residents enjoy a host of on-site amenities, including a fitness center, community room, playground, elevator, and controlled-access entry, as well as optional garage parking. This is a lifestyle-drive offering designed to attract and retain quality residents. Mainstreeter presents a turnkey investment opportunity with a proven track record of high occupancy rates and solid inplace income. Featuring desirable amenities and a convenient location with easy access to employment and recreational opportunities, this property offers investors a unique chance to capitalize on its strong historical performance and ongoing NOI growth.

Location

Located between St. Cloud and Alexandria, Sauk Centre provides regional access via Highway 71 and I-94. Residents enjoy a lakeside community with retail, restaurants, and recreation all within minutes of their front door.

Highlights

Strong Historical Occupancy
Mainstreeter benefits from stable tenancy and limited turnover, supported by Sauk Centre’s walkable layout, excellent schools, and lakeside setting. The property attracts residents seeking long-term value in a well-established community with deep local pride.

Excellent Connectivity
Centrally located between Alexandria and St. Cloud, the property provides regional commuting access while maintaining a quiet, small-town lifestyle. With the Lake Wobegon Trail and U.S. Highway 71 nearby, residents enjoy convenient transportation options.

Thriving Community Atmosphere
Located along historic Main Street and near Sauk Lake, Mainstreeter offers a uniquely charming setting with easy access to parks, schools, and local shops. The community’s strong cultural identity and friendly atmosphere encourage long-term tenancy.

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