CBRE arranged the sale of Livery, a 204-unit multifamily property in Lakeville, Minnesota.
Texas-based RPM Living Investments purchased the property from the Indiana-based Garrett Companies for an undisclosed amount.
CBRE’s Ted Abramson, Keith Collins and Abe Appert represented the seller in the transaction.
Livery is located at 5076 161st St. W., just west of Minnesota State Highway 3 and positioned near several retailers, including Hy-Vee, PetSmart, and Dunn Brothers. Built in 2023, the townhome community features a range of one-, two-, and three-bedroom floor plans averaging 1,117 square feet.
Community and unit amenities include attached garages, plank-style flooring, designer kitchens, stainless steel appliances, a yoga room with Torch Fitness on demand, an outdoor fire pit, a resort-style pool and spa, poolside cabanas, a fitness center, and an indoor dog spa.
