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MinnesotaMultifamily

Marcus & Millichap sells 71-unit apartment building in Minnesota

Staff Writer March 26, 2017
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milacaMarcus & Millichap has closed the sale of Milaca Park Apartments, a 71-unit apartment property located in Milaca, Minnesota.

The building sold for $3 million.

Dan Linnell, Mox Gunderson and Josh Talberg, investment specialists in Marcus & Millichap’s Minneapolis office, in conjunction with Paul Davis, Andrew Daitch and Seth Barnett, investment specialists in Marcus & Millichap’s Detroit office, had the exclusive listing to market the property on behalf of the seller, a partnership.

The buyer, a limited liability company, was secured and represented by Linnell, Gunderson and Talberg. Steven Chaben, Senior Vice President of the Detroit office, assisted in closing this transaction.

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