Champlin Portfolio – Riverview Estates

Michel Commercial is pleased to present the Bentonwood 4 Estates, a 56-apartment home, 16-building apartment complex located in St. Cloud. This property boasts a history of strong occupancy and features a desirable unit mix of one- and two-bedroom units. Residents enjoy on-site laundry facilities and the convenience of covered and surface parking. Bentonwood 4 Estates is nestled in the heart of St. Cloud, Minnesota, a charming city known for its vibrant community and natural beauty. This idyllic residential neighborhood is strategically situated to offer both tranquility and convenience to its residents. Located just a short distance from downtown St. Cloud, Bentonwood 4 Estates provides easy access to a myriad of amenities, including shopping centers, restaurants, and entertainment options. Additionally, its proximity to major highways 10 and 23, ensures seamless connectivity to neighboring cities and attractions. Surrounded by lush greenery and picturesque landscapes, Bentonwood 4 Estates offers a serene retreat from the hustle and bustle of urban life while still providing all the conveniences of modern living. Bentonwood 4 Estates is a value-add investment opportunity and is well-positioned for rental upside through interior upgrades. With its convenient location and strong rental upside, this property is an attractive investment opportunity with a stable resident base that is proud to call the Bentonwood 4 Estates “home.”

St. Cloud is a city located in the central part of Minnesota, about 65 miles northwest of the Twin Cities. St. Cloud is positioned along the Mississippi River and is known for its educational institutions. Here are more key details about the city of St. Cloud: Education: St. Cloud is home to St. Cloud State University, which provides educational opportunities for residents. The city also has a strong public school system, with several elementary, middle, and high schools offering quality education. Recreational Opportunities: St. Cloud is surrounded by natural beauty, including the Mississippi River and numerous parks, lakes, and trails. Outdoor enthusiasts can enjoy activities like hiking, biking, boating, fishing, and camping. Quarry Park and Nature Preserve, with its picturesque landscapes and swimming quarries, is a popular spot for locals. Strong Job Market: St. Cloud has a diverse economy, with opportunities in industries such as healthcare, education, manufacturing, retail, and technology. Major employers include St. Cloud Hospital, CentraCare Health, St. Cloud Area School District, and several manufacturing companies. Cultural and Entertainment Scene: St. Cloud offers a vibrant cultural and entertainment scene. The city hosts numerous festivals, concerts, and art exhibits throughout the year. The Paramount Center for the Arts and the St. Cloud Symphony Orchestra provide cultural experiences, while downtown St. Cloud offers a variety of dining, shopping, and nightlife options. Community Atmosphere: St. Cloud has a strong sense of community and a friendly atmosphere. The city is known for its welcoming residents and a variety of community events and organizations that promote civic engagement and social interaction. Proximity to Minneapolis: The City is served by the Brooklyn Center Community Schools District, which includes a range of ecucation opportunities from early childhood programs to high school. There are also options for higher education nearby, including North Hennepin County College, Hennepin Technical College, University of Northwestern-St. Paul, and University of Minnesota Twin Cities.