CBRE, Inc. as exclusive advisor, is pleased to present Arbor Glen - an opportunity to purchase a 264-unit, 2002 built asset in the highly desirable Maple Grove submarket. The property is a unique, untouched, value add-opportunity with new construction market rents significantly higher than the subject. This three building campus offers some of the largest multifamily units within its competitive set, averaging over 1,100 square feet. The site benefits from close proximity to major employers along one of the most active growth corridors and easy access to abundant retail within the Arbor Lakes retail trade area. In addition, Maple Grove has both some of the strongest demographics in the Twin Cities, a top school district, and premier access to parks and recreation.
The property is being offered free and clear.