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MinnesotaMultifamily

CBRE sells 249-unit apartment community in Minneapolis suburbs

March 8, 2021
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CBRE has arranged the sale of Hinton Heights, a 249-unit multifamily community in the Twin Cities suburb of Cottage Grove, Minnesota. Curtis Capital Group sold the property to Chicago-based Oak residential Partners in a transaction that closed Feb. 25. A sale price was not disclosed.

Ted Abramson, Keith Collins and Abe Appert from CBRE Minneapolis Multifamily represented the seller, Curtis Capital Group, in the transaction.

Hinton Heights is located just off Highway 61 south of Woodbury with easy access to I-494, nearby parks, retail and grocery shopping. All of the apartment homes feature individual entrances and nearly all have attached garages and in-home laundry.

Other recently renovated community amenities include an indoor swimming pool, spa, and picnic areas complete with gas BBQ’s and dining areas. In addition to the extensive community amenities, Hinton Heights is surrounded with professionally landscaped grounds complete with a dog park, playground and walking and jogging trails.

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