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Chicago Investor Acquires 48-Unit Multifamily Asset The Jax In Saint Paul For Unspecified Amount
SOLD
+ 1
Minnesota
See Similar DealsMultiFamily49,082 SF
Sold 05/20/2025
SOLD
Chicago Investor Acquires 48-Unit Multifamily Asset The Jax In Saint Paul For Unspecified Amount
253 4th Street East
See Similar DealsMultiFamily49,082 SF
Sold 05/20/2025
+ 1
Summary
MINNESOTA
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:49,082 SF
Transaction Type:Sale
The property involved in this transaction is a multi-family asset located at 253 4th Street East in Saint Paul, MN. This fully renovated loft-style apartment building, known as The Jax, comprises 48 units and has a total square footage of 49,082. The transaction was closed on May 20, 2025.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not specified
- Address: 253 4th Street East
- Market: Saint Paul, MN
- Units: 48
- Square Footage: 49,082
A Chicago-based investor acquired The Jax, with Marcus & Millichap's brokers including Chris Collins, Evan Miller, Eric Wagner, and Matt Shide representing the local seller and facilitating the buyer's acquisition of the property.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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