Properties listed in Lakeville

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.