Glencrest Group Acquires Multifamily In Plymouth, Minnesota For $11.3M

The multifamily property located at 15205 18th Ave N in Plymouth, Minnesota has recently been sold in a closed transaction. The property consists of 64 units and was sold by Heartland Properties Inc to Glencrest Group for a total sale price of $11,300,000. The price per unit for this transaction was $176,563.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $11,300,000
• Units: 64
• Price per Unit: $176,563
• Buyer: Glencrest Group
• Seller: Heartland Properties Inc
• Brokers: Scott Harris & Abe Roberts - Marcus & Millichap

The deal was facilitated by brokers Scott Harris and Abe Roberts from Marcus & Millichap. They represented Glencrest Group and provided professional assistance throughout the transaction.