Marcus & Millichap Sells 11-Unit Multifamily Community In Falcon Heights For $1.2M

Marcus & Millichap's Minneapolis office recently closed the $1.2 million sale of Tatum Street Apartments, an 11-unit multifamily community in Falcon Heights, MN. The property, located at 1707 Tatum Street, offers a total of 11 units at an average price per unit of $109,091.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Units: 11
• Price Per Unit: $109,091
• Address: 1707 Tatum Street, Falcon Heights, MN
• Market: Falcon Heights, MN

The sale of Tatum Street Apartments was facilitated by brokers Abe Roberts and Michael Jacobs from Marcus & Millichap. Their expertise and representation played a crucial role in the successful completion of the transaction.