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The Alexson

The Alexson

120 6th Avenue West  /

The Alexson

Property Details

Price:
Property Type Multifamily
Number of Units: 49
County: Hennepin

Description

Michel Commercial is pleased to present The Alexson— a 49-unit apartment property located in the heart of Alexandria, MN. Set within a quiet residential neighborhood yet just one block from downtown, The Alexson offers a stable, income-producing asset with clear upside through strategic renovations and operational enhancements. The Alexson features spacious studios, one- and two-bedroom floor plans with functional layouts, generous natural light, and ample storage. On-site amenities include surface parking, laundry facilities, and professional management. Its central location and neighborhood setting make it a sought-after option for long-term renters seeking both comfort and convenience. With strong historical occupancy and mostly original interiors, The Alexson presents an ideal opportunity for a value-add strategy. Renovated units in the Alexandria market command meaningful rent premiums, offering investors a clear path to increased revenue while maintaining long-term stability.

Location

Situated on 6th Avenue near downtown Alexandria, The Alexson provides residents with direct access to grocery stores, medical services, schools, and major employers. Interstate 94 is just minutes away, offering seamless connectivity to the Twin Cities, Fargo, and surrounding regional hubs.

Highlights

Strong Historical Occupancy
The Alexson has consistently maintained high occupancy, supported by its central location, well-designed floorplans, and access to local amenities. The property attracts long-term residents who value the convenience of in-town living and the comfort of a professionally managed community, resulting in dependable income and minimal turnover.

Excellent Connectivity
Located just off 6th Avenue in the heart of Alexandria, The Alexson offers quick access to downtown businesses, grocery stores, healthcare providers, and local schools. Its central position ensures residents are never far from daily necessities or regional employers, with I-94 just minutes away for broader connectivity.

Established Residential Setting
Situated in a quiet, well-kept neighborhood, The Alexson offers a welcoming, residential environment with mature trees and walkable surroundings. Its close proximity to parks, schools, and community services makes it a strong choice for families, seniors, and professionals seeking comfort and convenience.

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