Michel Commercial is pleased to present a two-property portfolio
in St. Paul, consisting of 62 apartment homes. Both properties boast
a history of strong occupancy and feature a desirable mix of studio,
one-bedroom, and two-bedroom homes. Residents enjoy on-site
laundry facilities, dishwashers (in the two-bedroom homes) and the
convenience of both garage and surface parking. The 44 Arlington
and 578 Galtier Apartments, being sold by long-time owners, can be
sold together or separately.
The 44 Arlington and 578 Galtier Apartments are conveniently
located in the heart of St. Paul, MN. Just a short distance from
the bustling downtown area, residents enjoy easy access to the
city’s vibrant community center, library, and primary shopping
districts. The properties are situated only a few miles from the state
capitol and the scenic banks of the Mississippi River. This prime
location offers residents quick access to major highways, including
Interstates 94 and 35E, providing the perfect blend of urban
convenience and natural beauty.
This St. Paul portfolio has been well-cared for and is poised for
continued rent growth through interior upgrades, in line with the
rent control ordinance. With their convenient locations, wellmaintained
conditions, and rental upside potential, the 44 Arlington
and 578 Galtier Apartments present an attractive investment
opportunity.