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MinnesotaMultifamily

NAI Everest sells 60-unit boutique apartment in Minneapolis

Staff Writer April 2, 2017
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NAI Everest has closed the sale of a luxury 60-unit boutique apartment building in the Uptown neighborhood of Minneapolis.

The asset, located at 3021 Holmes Avenue South, is just one-and-a-half blocks from the intersection of Lake Street and Hennepin Avenue.

The apartment building was acquired by The Laramar Group, a Chicago-based owner and manager of multifamily properties for $15.675 million, or $261,250 per unit.

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