Sleepy Eye

Michel Commercial is pleased to present Sleepy Eye Apartments a 44-home, luxury apartment community in the lakeside town of Sleepy Eye, MN. Delivered in 2023 and constructed by Alliance Building Corporation, this property showcases high-quality construction, modern design, and connectivity to larger cities. Sleepy Eye homes offer a blend of comfort, convenience, and scenic charm. Built in 2023, the property features a mix of 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, BBQ/ picnic area, elevator, and controlled-access entry, as well as optional garage parking. This is a lifestyle-drive offering designed to attract and retain quality residents. Sleepy Eye presents a turn-key investment opportunity with a proven track record of high occupancy rates and solid in-place 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.

Located along Highway 14, Sleepy Eye offers direct access to New Ulm and Mankato. Its proximity to regional employers, healthcare, and educational institutions enhances the appeal of this established residential market.