US EditionMinnesota Multifamily Property Trades Hands
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Minnesota Multifamily Property Trades Hands
Marcus & Millichap has completed the sale of Van Dyke Village Townhomes, a 20-unit multifamily property located in Maplewood, Minnesota. The property sold for $2.75 million or $137,500 per unit.“We received significant interest in Van Dyke Village Townhomes due to its townhome-style construction, the strength of the Maplewood submarket and the long-term opportunity to convert to market-rate housing after the LIHTC restrictions expire,” said Evan…
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