Daily limit: 0/10
Marcus & Millichap Brokers $9.7M Sale Of Multifamily Properties To Local Buyer In St. Cloud
SOLD
$9,700,000
Minnesota
See Similar DealsMultiFamily326,316 SF
Sold 11/21/2025
SOLD
Marcus & Millichap Brokers $9.7M Sale Of Multifamily Properties To Local Buyer In St. Cloud
299 14th Avenue Southeast & 1604 7th Street Southeast
See Similar DealsMultiFamily326,316 SF
Sold 11/21/2025
Summary
MINNESOTA
Asset Type:MultiFamily
Price Per Square Foot:$29
Total Square Footage:326,316 SF
Transaction Type:Sale
The transaction involved the sale of two multifamily properties located at 299 14th Avenue Southeast and 1604 7th Street Southeast in St. Cloud, MN. The total sale price for the properties was $9,700,000, encompassing 180 units with a price per unit of $53,889. The properties collectively spanned 163,158 square feet, resulting in a price per square foot of $59.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,700,000
- Units: 180
- Price per Unit: $53,889
- Square Footage: 163,158
- Price per Square Foot: $59
- Sale Date: 11/21/2025
- Market: St. Cloud, MN
- Brokers: Chris Collins, Evan Miller & Matt Shide - Marcus & Millichap
The deal was brokered by Marcus & Millichap, with Chris Collins, Evan Miller, and Matthew Shide representing the seller, a Minnesota LLC, while successfully procuring a local LLC buyer for the transaction.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$517,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$34,462.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$45,982.95
Annual Debt Service$551,795.38
Is there something missing? Send suggestions