Wolverton Capital Sells Multifamily Asset In Saint Paul For $47.35M With JLL As Seller's Rep

The property asset involved in the transaction is a multifamily building located at 255 Western Avenue North in Saint Paul, MN. The sale price of the property was $47,350,000, and it comprises a total of 162 units. The building spans a square footage of 140,724, translating to a price per unit of $292,283 and a price per square foot of $336.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $47,350,000
• Units: 162
• Square Footage: 140,724
• Price Per Unit: $292,283
• Price Per Square Foot: $336
• Seller: Wolverton Capital
• Seller's Representatives: Josh Talberg, Joseph Peris & Elijah Smith - JLL

The transaction was facilitated by the brokerage JLL, with Josh Talberg, Joseph Peris, and Elijah Smith acting as representatives for the seller, Wolverton Capital. Their involvement illustrates the expertise behind navigating the multifamily market in the Saint Paul area.