MLG Capital Acquires Multifamily Property In Woodbury, Minnesota For $65.2M

The multifamily property located at 455 Karen Dr in Woodbury, Minnesota has been sold. The transaction took place on March 17, 2022.

Summary of Transaction Details

• Property Type: Multifamily
• Sale Price: $65,158,000
• Number of Units: 255
• Price Per Unit: $255,522
• Buyer: MLG Capital
• Seller: Roers Companies
• Brokers: Mox Gunderson, Dan Linnell, Josh Talberg, and Adam Haydon - JLL Capital Markets
• Mortgage Brokers: Scott Streiff and Brock Yaffe - JLL

The buyer, MLG Capital, acquired the property from the seller, Roers Companies. The sale was facilitated by brokers Mox Gunderson, Dan Linnell, Josh Talberg, and Adam Haydon from JLL Capital Markets. Additionally, Scott Streiff and Brock Yaffe from JLL served as the mortgage brokers for the transaction.