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MinnesotaCRE

Marcus & Millichap closes sale of 72-unit apartment community in Saint Paul

Staff Writer April 5, 2017
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Marcus & Millichap Real Estate Investment Services recently negotiated the sale of Highlands on Graham, a 72-unit apartment property located in Saint Paul, Minn.

The asset commanded a sales price of $8.2 million, the existing mortgage amount.

The buyer, a partnership, was secured and represented by Dan Linnell, an investment specialist in Marcus & Millichap’s Minneapolis office. The seller was represented by an outside brokerage firm.

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