Marcus & Millichap brokered the sale of Townsquare Apartments, a 30-unit apartment property located in Chaska, Minnesota. The property sold for $4,.286 million.
Abe Roberts and Michael Jacobs, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller, and procured the buyer. Jon Ruzicka, Broker of Record in Minnesota, assisted in closing the transaction.
Townsquare Apartments is on a half-acre lot at 220 N. Walnut Street in downtown Chaska, adjacent to Chaska City Square Park. Built in 1989, the complex features 24 two-bedroom and six three-bedroom floor plans.
