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MinnesotaMultifamily

Marcus & Millichap negotiates sale of 40-unit apartment property in Grand Forks

October 7, 2024
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Photo courtesy of Marcus & Millichap.

Marcus & Millichap facilitated the sale of The Current, a 40-unit apartment property in Grand Forks, North Dakota. 

Matthew Whiteside, investment specialist in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, MDI Limited Partnership #110, and procured the buyer, Kemo Sabe Properties LLC. Jon Ruzicka is the Broker of Record in North Dakota. 

The Current Apartments, located at 215 1st Ave. N., were built in 2007 and feature 15 one-bedroom, one-bathroom units and 25 two-bedroom, one-bathroom units. The property spans .88 acres and is situated just west of the Red River greenway. 

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