Multifamily W Minnesota

Marcus & Millicap sells 37-unit apartment community in Minnesota

Marcus & Millichap sells 37-unit apartment community,ph01

Marcus & Millichap recenctly closed the sale of English Manor, a 37-unit apartment community in Maplewood, Minnesota. The asset sold for $3.025 million.

Evan Miller, Mox Gunderson, Dan Linnell and Josh Talberg (GLT Partners), investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller, a private investor and procured the buyer, also a private investor.

English Manor is located at 1809 & 1821 English Street in Maplewood, Minnesota, near numerous parks and trails, and has access to freeways/interstates. The property’s unit mix consists of 21 one-bedroom and 16 two-bedrooms units. Off-street parking (no garages) and on-site laundry make up the property’s common area amenities.