Multifamily W Minnesota

Marcus & Millichap sells 11-unit apartment building in Saint Paul

Marcus & Millichap sells 11-unit apartment in Saint Paul,ph01

Marcus & Millichap recently closed the sale of 1411 Prosperity Avenue, an 11-unit apartment property located in Saint Paul, Minnesota. The property sold for $740,000.

Evan Miller, Dan Linnell, Josh Talberg and Mox Gunderson, investment specialists in Marcus & Millichap’s Minneapolis office, represented the seller and also secured the buyer in the transaction.

1411 Prosperity Avenue in Saint Paul is located only blocks from Lake Phalen. The property, constructed in 1960, contains 11 one-bedroom/one-bath units, garages, and on-site laundry, newer windows and roof.