Morningside Townhomes

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.

St. Joseph, MN offers a range of benefits, especially for $231,300 those who appreciate small-town charm, a close-knit community, and access to natural beauty. Some of the key advantages include: Quality Schools St. Joseph, MN, provides families with excellent educational options, including public schools in the Sartell-St. Stephen and St. Cloud Area School Districts and private education at St. Joseph Catholic School. The nearby College of Saint Benedict and Saint John’s University adds cultural and academic opportunities to the community. Proximity to Larger Cities and Jobs St. Joseph, MN, provides families with excellent educational options, and jobs including public schools in the Sartell-St. Stephen and St. Cloud Area School Districts and private education at St. Joseph Catholic School. The nearby College of Saint Benedict and Saint John’s University adds cultural and academic opportunities to the community. Parks and Recreation St. Joseph, MN, offers excellent parks and recreation, including Millstream Park with trails, sports fields, and picnic areas, and Klinefelter Park, featuring walking paths and a disc golf course. The nearby Lake Wobegon Trail is perfect for biking, walking, and snowmobiling, while events like the St. Joseph Farmers Market and local festivals bring the community together. Historic Charm and Local Amenities St. Joseph, MN, is celebrated for its historic charm and community-focused atmosphere. The town showcases its heritage through landmarks like the Church of Saint Joseph, built in 1869, and its quaint downtown featuring local shops and eateries. Paired with modern amenities like parks, schools, and proximity to St. Cloud, St. Joseph offers a perfect balance of tradition and contemporary convenience, making it a desirable place to live and visit. Overall, St. Joseph’s historic charm, combined with its local amenities and proximity to larger cities like St. Cloud and Minneapolis-St. Paul, creates an ideal blend of small-town living with easy access to urban resources. Whether you’re drawn to its historical landmarks, vibrant community events, or the surrounding nature, St. Joseph offers a welcoming atmosphere for residents and visitors alike.