Michel Commercial is pleased to present Jordan Valley Townhomes, a 44 townhome affordable community in Jordan, MN. These well-maintained homes feature spacious layouts, in home laundry, private entries, and attached double garages— offering residents comfort and convenience. Affordability Structure: All 44 townhomes (100%) are designated for residents earning up to 60% of the Area Median Income (AMI) until the Land Use Restriction Agreement (LURA) expires in 2038. Attractive Investment Opportunity: Jordan Valley Townhomes presents a stable investment opportunity with a history of strong occupancy in a high-demand submarket. Additionally, the Low-Income Rental Classification (LIRC) tax rate reduction to 0.25% (effective January 1, 2025) enhances its long-term value, making it a compelling addition to any investment portfolio.

Michel Commercial is pleased to present the Lofts of Sandcreek, a 41-townhome community in Coon Rapids, MN. This property has a strong occupancy history and benefits from recent capital improvements, including updated siding and parking lot enhancements. The desirable unit mix of one- and two-bedroom homes offers residents sought-after amenities such as in-unit laundry, private patios, private entries, and garage parking. The Lofts of Sandcreek is located in Coon Rapids, known for its blend of suburban comfort and natural beauty with easy access to major highway and amenities. The city is well-connected via Highways 10 and 47, as well as Interstate 35W, providing seamless travel to the Twin Cities and beyond. Coon Rapids boasts an extensive park system, including Bunker Hills Regional Park, a sprawling area with trails, a water park, a golf course, and spaces for camping and picnicking. The Mississippi River also flows through the city, offering scenic views. This opportunity offers a clear path to NOI improvement, providing investors with the opportunity to capitalize on a well performing asset with significant upside potential.

Michel Commercial is pleased to present Sunrise Court Apartments, a 53-apartment home property located in Cambridge, MN. This property has a strong occupancy history and benefits from recent capital improvements, including a newer boiler. Featuring a desirable mix of studio, one-, and two bedroom homes. Residents enjoy on-site laundry facilities and the convenience of garage and surface parking. This property presents a value-add investment opportunity, strategically positioned to capitalize on rental upside through interior upgrades. The Sunrise Court Apartments is well-maintained and conveniently located in a submarket experiencing strong rent growth. This offering provides investors with a chance to leverage a solid performing property that offers a clear path to NOI growth.

Michel Commercial is pleased to present Northern Oaks Apartments, a 24 apartment home property located in Cambridge, MN. This property has a strong occupancy history and benefits from recent capital improvements, including a newer roof. Featuring a desirable mix of one-, and two-bedroom homes. Residents enjoy on-site laundry facilities and the convenience of garage and surface parking. This property presents a value-add investment opportunity, strategically positioned to capitalize on rental upside through interior upgrades. The Northern Oaks Apartments is well-maintained and conveniently located in a submarket experiencing strong rent growth. This offering provides investors with a chance to leverage a solid performing property that offers a clear path to NOI growth.

Michel Commercial is pleased to present the Forest Park I Apartments, a 20 apartment home property located in Forest Lake, MN. This property has a strong occupancy history and benefits from recent capital improvements, including a newer boiler and parking lot enhancements. Featuring a desirable mix of one- and two-bedroom homes. Residents enjoy on-site laundry facilities and the convenience of garage and surface parking. This property presents a value-add investment opportunity, strategically positioned to capitalize on rental upside through interior upgrades. The Forest Park I Apartments is well-maintained and conveniently located in a submarket experiencing strong rent growth. This offering provides investors with a chance to leverage a solid performing property that offers a clear path to NOI growth.

Michel Commercial presents the Minnehaha Portfolio, a collection of three distinct properties totaling 45 apartment homes. These properties are available for purchase individually, in pairs, or as a complete portfolio, offering flexibility to investors. With prime locations and strong in-place income, this portfolio offers investors a unique chance to capitalize on the current momentum while positioning each property for sustained NOI growth.

Michel Commercial is pleased to present the Lakeville Court Apartments & Townhomes, a 52-home affordable community located in Lakeville, MN. These well-maintained townhomes feature open layouts, in-home laundry, private entries, attached garages and $2.5MM of capital improvements in 2011 (including new roofs, new windows, new siding, new HVAC and new boilers). Affordability Structure All 52 homes (100%) are designated to serve residents earning up to 60% of the Area Median Income (AMI) until the expiration of the Land Use Restriction Agreement (LURA) on January 17, 2026. Prime Location and Lifestyle Lakeville Court Apartments & Townhomes offers residents the perfect blend of urban convenience and suburban charm. Ideally located in Lakeville, MN, the community provides easy access to major employers like Post Consumer Brands, Hearth & Home Technologies, and BTD Manufacturing. Nearby conveniences include shopping at Cub Foods and Target, local dining options, and top-rated schools in the Lakeville Area School District, such as Cherry View Elementary and Lakeville South High School. Outdoor enthusiasts can enjoy Ritter Farm Park, Lake Marion, and Casperson Park, while the nearby I-35 ensures seamless transportation to the Twin Cities for work, education, and recreation. Attractive Investment Opportunity Lakeville Court Apartments & Townhomes presents a stable and appealing investment opportunity, supported by a history of strong occupancy and its high-demand location. In addition, the upcoming expiration of the affordable agreement further enhances the property’s appeal.

Michel Commercial is pleased to present the Morningside Townhomes, a 32-home affordable community located in St. Joseph, MN. These well-maintained townhomes feature open, spacious layouts, in-home laundry, private entries, and attached garages. Affordability Structure All 32 homes (100%) are designated for residents earning up to 60% of the Area Median Income (AMI) until the expiration of the Land Use Restriction Agreement (LURA) on July 3, 2036. Prime Location and Lifestyle Located in St. Joseph, MN–a charming town in Stearns County–the Morningside Townhomes offer the perfect blend of small-town charm and urban convenience. Part of the St. Cloud metropolitan area and just 75 miles northwest of the Twin Cities, St. Joseph is easily accessible via Interstate 94. The area is renowned for its picturesque setting, surrounded by rolling hills, lush farmland, and scenic lakes. St. Joseph is also home to the College of Saint Benedict and Saint John’s University, respected liberal arts institutions that contributes to the town’s vibrant and welcoming community. Attractive Investment Opportunity The Morningside Townhomes present a stable and appealing investment opportunity, supported by a history of strong occupancy. Additionally, the Low-Income Rental Classification (LIRC) tax rate reduction to 0.25%, effective January 1, 2025, further enhances its attractiveness as a valuable addition to any investment portfolio.

Michel Commercial is pleased to present the North Pointe Townhomes, an 18-townhome, mostly affordable community located in Blaine, MN. These well-maintained townhomes have many recent capital improvements and feature open, spacious layouts, in-home laundry, and attached garages. Affordability Structure The property includes the following components: • Market-Rate: 3 Townhomes • Project Based Vouchers (HAP): 4 Townhomes • HOME HUD (80% AMI): 2 Townhomes • Section 42 LIHTC (60% AMI): 9 Townhomes All affordability designations will remain in effect until the expiration of the Land Use Restriction Agreement (LURA) on March 17, 2033. Prime Location and Lifestyle North Pointe provides easy access to major roadways, offering convenient travel throughout the Twin Cities. The community is close to Blaine’s premier attractions, including: The National Sports Center, TPC Twin Cities golf course, and Bunker Hills Regional Park. Residents benefit from a blend of urban convenience and suburban charm, complemented by excellent schools within the highly regarded Anoka-Hennepin School District, known for its strong academics and extracurricular opportunities. Attractive Investment Opportunity North Pointe Townhomes presents a stable and attractive investment opportunity, boasting a history of strong occupancy and a high-demand location.

Michel Commercial presents the Richfield Portfolio, featuring three unique properties with a combined total of 236 apartment homes. These properties are available for purchase individually or as a portfolio. Portfolio Overview Located in the first-ring suburb of Richfield, MN, this portfolio offers a desirable mix of one- and two-bedroom apartment homes along with spacious three-bedroom townhomes. Each property features surface and garage parking, an outdoor pool, gathering spaces, and convenient on-site laundry facilities. Many of the properties have seen recent updates, including newer roofs, boilers, and decks. These properties have been well-maintained under the long-term ownership and management of the award-winning Highland Management Group. They were originally developed by Highland and are now being offered for sale for the first time. Prime Location The Richfield Portfolio is ideally situated near some of the Twin Cities’ most popular attractions, including the Minneapolis-St. Paul International Airport and the Mall of America. Residents enjoy the convenience of nearby shopping options such as Walmart, Sam’s Club, and Target. Outdoor enthusiasts have access to Wood Lake, Richfield Lake, Veterans Parks, and the Mississippi River, all just a short drive away. With easy access to Interstates 494, 35W, and MN 77, residents can easily navigate the metro area, connecting to top employers and entertainment destinations. Investment Potential These properties offer a compelling value-add investment opportunity with strong potential for rental growth through interior upgrades. Recent renovations in nearby, like-kind properties have driven up rental rates and maintain strong occupancy. With their prime locations and proven historical performance, this portfolio provides investors a unique opportunity to capitalize on the momentum of a growing submarket while positioning each property for continued NOI growth.

Michel Commercial is pleased to present the Sunset Ridge Apartments, a 105-home apartment complex located in Fergus Falls, Minnesota. Built in 2015, Sunset Ridge was developed by the highly regarded Kuepers Architects & Builders, and has a desirable mix of one- and two-bedroom homes with open concept living rooms, attractive cabinetry, dishwashers, individual climate control, and detached garages. Community amenities include a fitness room, a community room, an outdoor grilling station, a play area for children, and laundry facilities. Sunset Ridge is located in Fergus Falls, a community known for its scenic beauty and green spaces. Sunset Ridge is just five minutes from the nearest Walmart and less than four miles from the city’s reputable elementary, middle, and high schools. The property is less than ten minutes from central Fergus Falls, including shopping, dining, the library, an award-winning hospital, and several riverfront parks, and less than fifteen minutes from Pebble Beach and the northern terminus of the 55-mile Central Lakes Trail. Residents enjoy easy access to Interstate 94 and Minnesota State Highway 210. Sunset Ridge Apartments is a turn-key investment opportunity in a community with stable rental demand. The property has a high occupancy rate, offering robust in-place income. With its desirable amenities, convenient location, and easy access to incredible green spaces, Sunset Ridge Apartments presents an appealing investment opportunity and provides residents with a place they can proudly call “home.”