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MinnesotaCRE

Marcus & Millichap closes sale of 24-unti apartment property in Minneapolis

Staff Writer April 4, 2017
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Marcus & Millichap recently closed the sale of The Billman U of M Portfolio, a 24-unit apartment property located in Minneapolis. The property sold for more than $4 million.

Josh Talberg, investment specialist in Marcus & Millichap’s Minneapolis office, alongside Garrett Nichols, Michael DiSimone and Sean Rosenzweig, investment specialists in Marcus & Millichap’s Los Angeles office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

The buyer, a limited liability company, was secured and represented by John Bailey and Bill Bailey, investment specialists in Marcus & Millichap’s Chicago downtown office.

The Billman U of M Portfolio is located at 942 15th Ave. SE in Minneapolis.

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