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12100 Singletree Lane

Eden Prairie Multifamily Property Sold For $42.125M With Brokers Josh Talberg And Mark Stern
SOLDMultiFamily

Eden Prairie Multifamily Property Sold For $42.125M With Brokers Josh Talberg And Mark Stern

12100 Singletree Lane

$42,125,000

$178/SF

Building Size

236,657 SF

Asset Type

MultiFamily

Closing

Feb 28, 2025

AI

The property sold is a multifamily asset located at 12100 Singletree Lane in Eden Prairie, MN. The transaction was completed for a total price of $42,125,000. The asset contains 204 units spread across 236,657 square feet, resulting in a price per unit of $206,495 and a price per square foot of $178.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $42,125,000
  • Units: 204
  • Square Footage: 236,657
  • Price Per Unit: $206,495
  • Price Per Square Foot: $178

The transaction involved brokers Josh Talberg, Mark Stern, Joseph Peris, Elliott Throne, and Scott Loving, all representing JLL in the deal.

Players

Elliott Throne

JLL

Broker

$747M

vol

18 deals

Broker

Eden Prairie MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93