Marcus & Millichap Sells Hillside Apartments In Sartell Minnesota For $8.1 Million

The property involved in the transaction is a multifamily asset located at 219 7th Street North, Sartell, MN, comprising 96 units within a 95,040-SF building on 9.03 acres of land. The transaction was completed for $8,100,000, equating to a price per unit of $84,375.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,100,000
• Units: 96
• Price Per Unit: $84,375
• Address: 219 7th Street North
• Market: Sartell, MN
• Asset Size: 9.03 acres
• Brokers: Chris Collins & Evan Miller - Marcus & Millichap

Chris Collins and Evan Miller represented both the seller and the buyer in this transaction. The property, constructed in 1973, features two-bedroom units that include private garages, making it an attractive option for renters in the area.