Multifamily W Minnesota

Marcus & Millichap sells 12-unit apartment property in St. Paul

Marcus & Millichap sells 12-unit apartment building in St. Paul,ph01

Marcus & Millichap recently closed the sale of 2145 McKnight Road North, a 12-unit apartment building in North Saint Paul, Minnesota. The property sold for $905,000.

Evan Miller, Mox Gunderson, Dan Linnell and Josh Talberg - GLT Partners at Marcus & Millichap’s Minneapolis office – had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a private investor, was also secured by GLT Partners.

Located at 2145 McKnight Road North in North Saint Paul, the property’s unit mix is made up of eight 2-bedroom, three 1-bedroom, and one efficiency-units. The building was constructed in 1970 and has a unique L-shaped design situated on 0.61 acres. There are 13 garage stalls and off-street parking available.