Marcus & Millichap closed the sale of Lakewood Apartments, a 72-unit apartment community in Alexandria, Minnesota.
The apartment complex sold for $3.2 million.
Cole Harstad, Mox Gunderson and Dan Linnell with Marcus & Millichap had the exclusive listing to market the property on behalf of the seller, a non-profit community development corporation. The listing team also secured the buyer for the apartment community.
© 2016 Real Estate Communications Group. Duplication or reproduction of this article not permitted without authorization from the Real Estate Publishing Group. For information on reprint or electronic pdf of this article contact Mark Menzies at 312-644-4610 or firstname.lastname@example.org