Investment Overview

Tucked away in the quiet and desirable Saint Paul neighborhood of Macalester-Groveland, 1962 & 1967 Grand Avenue Apartments are a pair of early 20th century builds. Both 1962 Grand Avenue and 1967 Grand Avenue have 18,920 total square feet and 20 units each. 1967 Grand Avenue also has 10 garage stalls available, while 1962 has 10 surface stalls behind the building. Near Saint Paul’s Macalester College and the University of St. Thomas, the Grand Avenue Apartments are truly the best of both worlds, carving out a place for themselves in a historic, residential area amongst empty nesters and young families who have been, or plan to remain, in the neighborhood for a number of decades. Grand Avenue Apartments offer an investor the opportunity to acquire an ideally-located and well-maintained asset, who will retain tenants and value for many years to come.