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
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