JUST LISTED: Rooftop252 (56-Homes in West Saint Paul, MN)
JUST LISTED: Rooftop252 (56-Homes in West Saint Paul, MN)
Deal Type: Acquisition
Risk Profiles: Core Plus
Property Types: Multifamily
The Offering
Michel Commercial is pleased to present Rooftop252, a premier 56-home luxury apartment community with six retail suites located in the city of West St. Paul, Minnesota in Dakota County.
Built in 2019, the property offers investors the opportunity to acquire a modern, boutique asset featuring spacious floor plans, in-unit laundry, an expansive rooftop amenity deck with a differentiated resident experience that includes multiple outdoor grilling stations, a stylish indoor lounge, an off-leash "Wooftop" dog park, community garden plots, and a solar pergola with picnic seating.
Rooftop252's unique design, limited direct competition, and attractive assumable financing featuring a 3.72% interest rate with more than six years remaining further enhance its investment appeal, creating a rare opportunity to acquire one of the West St. Paul’s premier multifamily properties.
In-Home Amenities
Community Amenities
Location
West St. Paul, MN
Rooftop252 offers the convenience of being located in West St. Paul, a first-ring Dakota County suburb, free from the City of St. Paul's rent control ordinance, with easy access to downtown St. Paul, Minneapolis, major employment centers, and the shopping and dining along the Robert Street corridor.