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JUST LISTED: South Grove Portfolio (51-Homes in Inver Grove Heights, MN)

Deal Type: Acquisition

Risk Profiles: Core

Property Types: Multifamily

The Offering


Michel Commercial is pleased to present South Grove Portfolio—a 51-home community across three properties, located in Inver Grove Heights, MN.  South Grove is a well-kept, community situated in a high demand suburban area. The properties features one-, two- and three-bedroom homes with functional layouts with off-street parking. 

 

Location & Connectivity 

South Grove Portfolio is located in Inver Grove Heights, a desirable southeast Twin Cities suburb with strong demographics and steady renter demand. The property offers convenient access to Highway 52, I-494, and Highway 55, allowing easy connectivity to Saint Paul, Minneapolis, and MSP International Airport. Residents benefit from nearby retail, everyday conveniences, and access to major employment areas, while the surrounding suburban setting—featuring parks, trails, and community amenities—supports broad tenant appeal among families and professionals.

 

Investment Potential 

South Grove offers a compelling investment opportunity backed by strong occupancy and stable in-place cash flow.  With durable neighborhood appeal the property is well positioned as a stable, income-producing asset with long-term upside. 

Location

Inver Grove Heights, MN

South Grove Portfolio is located in Inver Grove Heights, a highly desirable southeast Twin Cities suburb known for its strong demographics and consistent renter demand. The area offers convenient access to major transportation corridors including Highway 52, I-494, and Highway 55, providing efficient connectivity to downtown Saint Paul, Minneapolis, and MSP International Airport. Residents benefit from proximity to retail and daily conveniences, as well as access to major employment hubs throughout the southeast metro. Inver Grove Heights is characterized by a suburban setting with parks, trails, and community amenities, making it attractive to a broad tenant base including families and professionals.

STEVE MICHEL


612.850.4539

smichel@michelcommercialre.com


PETE MICHEL


612.790.8246

pmichel@michelcommercialre.com

PHIL REESNES


612.759.5000

preesnes@michelcommercialre.com

HEIDI ADDO


612.805.5023

haddo@michelcommercialre.com

JESSE THURSTON


651.380.9058

jthurston@michelcommercialre.com

UKEE DOZIER


612.802.6919

udozier@michelcommercialre.com