Multifamily W Minnesota

CBRE sells 209-unit multifamily property near Minneapolis

CBRE sells 209-unit multifamily property near Minneapolis,ph01

CBRE recently represented Schafer Richardson in the sale of Eastwood Ridge, a 209-unit multifamily property in Rochester, Minnesota, to Timberland Partners.

Keith Collins, Abe Appert and Ted Abramson of CBRE Minneapolis represented Schafer Richardson in the transaction.

Constructed in 2016, the property features several prominent amenities including a 24-hour fitness center, a club room with a coffee bar and business center inside and an outdoor fire pit and pool. Just east of downtown Rochester on Highway 14, Eastwood Ridge is located near several major retail outlets, transportation hubs with convenient access to Mayo Clinic and St. Mary’s Hospital and it is in close proximity to several parks and recreation designations in the greater Rochester area.