Multifamily W Minnesota

CBRE sells 413-unit apartment community in Minnesota

CBRE sells 413-unit apartment community in Minnesota,ph01

CBRE Multifamily represented Rochester Village Investors, LLC in the sale of The Gates of Rochester, a 413-unit multifamily community at 2015 41st NW in Rochester, Minnesota. Monarch Investment & Management Group is the buer.

The Minneapolis-based team of Keith Collins, Abe Appert, Ted Abramson and Ike Hoffman represented the seller.

Built in 1973 and situated on 22 acres, The Gates of Rochester is made up of 42 buildings and 423,170 square feet.