Apartment Acquisitions · Maple Grove
Sell Your Commercial Property In Maple Grove, MN
Own a commercial apartment building of five or more units in Maple Grove? We purchase multifamily properties around Arbor Lakes, Osseo, and the rest of Hennepin County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Arbor Lakes · Osseo · Rogers · Plymouth — Hennepin County, MN
Local Demand
Our View On Maple Grove
Maple Grove, MN is a Hennepin County suburb of 71,173 residents where 17.7% of homes are rented and 12.9% sit in buildings of five or more units, per ACS 2020-2024 data. Owners who want to sell commercial property in Maple Grove, MN face a median gross rent of $1,868, a class 4a apartment tax rate of 1.25%, and a city rental license with mandatory inspection. The sections below collect the rents, tax math and landlord rules that Maple Grove buyers underwrite, each tied to a Census, HUD, state or city source.
Boston Scientific's Maple Grove campus
Boston Scientific lists Maple Grove as a principal manufacturing facility and R&D Center of Excellence, per its official locations page.Maple Grove Hospital
Maple Grove Hospital is a 134-bed North Memorial Health community hospital that opened in 2009.Arbor Lakes retail district
The Fountains at Arbor Lakes alone totals 510,985 square feet of leasable retail space, per Kimco Realty.Our Buy Box
What We Buy In Maple Grove
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Maple Grove Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Maple Grove
Renters occupy 17.7% of Maple Grove homes, 4,919 of 27,811 households, per ACS 2020-2024. Buildings of 5+ units hold 12.9% of local housing, below Hennepin County's 33.9% share (ACS units-in-structure table).
Only 25.5% of homes predate 1980, against 59.8% countywide; the median home dates to 1991 (ACS year-built table). An owner who wants to sell multifamily property in Maple Grove is marketing newer stock than most Hennepin County sellers.
Rents and affordability
Median gross rent is $1,868 a month, above Minnesota's $1,280 and Hennepin County's $1,487 (ACS 2020-2024). Median household income is $132,731, 1.5 times the $89,062 statewide figure (ACS income table).
Renters paying 30%+ of income on rent total 45.0%, and 20.9% pay half or more (ACS rent-burden table). An owner weighing whether to sell commercial real estate in Maple Grove, MN can show buyers that cushion.
| HUD FY2027 FMR | Monthly rent |
|---|---|
| Efficiency | $1,265 |
| One-bedroom | $1,427 |
| Two-bedroom | $1,734 |
| Three-bedroom | $2,264 |
| Four-bedroom | $2,538 |
Minneapolis-St. Paul-Bloomington HUD Metro FMR Area, effective October 1, 2026 (HUD fair market rents).
Property taxes in Hennepin County
A $2,000,000 apartment building in Maple Grove's ISD 279 district owes about $22,922-$23,034 a year under Hennepin's taxes payable 2024 composite cards, the latest final rates reachable (2024 composite rate cards). Class 4a apartments (4+ units) are taxed at 1.25% for taxes payable 2025 (Minnesota Department of Revenue).
Math: $2,000,000 x 1.25% = $25,000 tax capacity; ISD 279 rates run 91.686%-92.135%, so $25,000 x 0.91686 = $22,921.50 and x 0.92135 = $23,033.75. A Maple Grove seller owes Minnesota's 0.33% deed tax, $6,600 on $2,000,000 (Minn. Stat. 287.21).
Landlord rules in Maple Grove
Minnesota landlords return a security deposit within three weeks of tenancy end, with 1% simple interest (Minn. Stat. 504B.178). A nonpayment notice gives the tenant 14 days to pay or move out (Minn. Stat. 504B.321).
Maple Grove requires a rental license, with a separate apartment track, and inspection must pass first (City of Maple Grove rental licensing). Owners who sell commercial property in Maple Grove, MN keep those records current. Rent control needs voter approval at a general election (Minn. Stat. 471.9996).
What it means for an owner
Buyers underwrite Maple Grove apartments on rent roll, license status and a tax bill near 1.1%-1.2% of value. An owner ready to sell commercial property in Maple Grove, MN should assemble those records first.
Skyline Capital Investments buys buildings with 5+ units. To sell your apartment building in Maple Grove, start with the cap rate calculator, then see how we buy apartment buildings.
Seller Notes
Maple Grove Seller Checklist
More about selling in Minnesota →Investing in Maple Grove? See apartment syndications in Maple Grove →
- Maple Grove's ISD 279 composite tax rate under Hennepin's taxes payable 2024 cards runs 91.686% to 92.135%.
- Minnesota's deed tax is 0.33% of net consideration, or $6,600 on a $2,000,000 Maple Grove sale.
- Owners who sell commercial real estate in Maple Grove, MN carry a 1.25% class 4a apartment tax rate.
Seller Guides
Selling A Building In Maple Grove
Learn More
Taxes & Rules For Maple Grove Property
The Minnesota rules that shape any deal in Maple Grove: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Maple Grove Seller FAQ
How do I sell commercial property in Maple Grove, MN?
Start with a rent roll, current Maple Grove rental license, inspection record, and the latest Hennepin County tax statement. Buyers price a Maple Grove building on those documents. Skyline Capital Investments buys buildings with five or more units and can review them directly.
What does it cost to sell commercial real estate in Maple Grove, MN?
Minnesota charges a deed tax of 0.33% of net consideration under Minn. Stat. 287.21. On a $2,000,000 Maple Grove building that is $6,600. Property tax is separate and continues at the Hennepin County rate until closing.
How much property tax does a Maple Grove apartment building pay?
Class 4a apartments are taxed at 1.25% of value for taxes payable 2025. Applying Maple Grove's ISD 279 rates of 91.686% to 92.135%, a $2,000,000 building owes about $22,922 to $23,034 a year. Selling commercial property in Maple Grove means pricing around that tax load.
Does Maple Grove require a rental license for apartment buildings?
Yes. Maple Grove requires a rental license for residential rental property, with a separate apartment licensing track, and a rental inspection must pass before a license issues. A buyer underwriting a Maple Grove apartment building will ask for the current license and inspection file.
Can Maple Grove cap rents on apartments?
Not on its own. Under Minn. Stat. 471.9996, a city, county or town can adopt rent control on private residential property only if voters approve it at a general election. Maple Grove owners set rents under their leases otherwise.
Do I need to fix up my Maple Grove building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
How does a sale to you work in Hennepin County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Is it possible to sell rental property in Maple Grove without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
Do I need a broker to sell my apartment building in Maple Grove?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Tell Us About Your Property In Maple Grove
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
