Trinity Property Consultants Acquires Sora Apartments From Reuter Walton For $23.75M

The Sora Apartments, a MultiFamily asset located at 600 5th Avenue South in Minneapolis, MN, have been sold for $23,750,000. The complex comprises 122 units, resulting in a price per unit of approximately $194,672, reflecting the current market dynamics in the area.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $23,750,000
• Address: 600 5th Avenue South
• Market: Minneapolis, MN
• Units: 122
• Price Per Unit: $194,672
• Buyer: Trinity Property Consultants
• Seller: Reuter Walton
• Brokers: Mox Gunderson, Dan Linnell, Adam Haydon & Devon Dvorak - Colliers

This transaction involved key players such as Trinity Property Consultants as the buyer, while Reuter Walton acted as the seller. The brokerage team from Colliers facilitated the transaction, comprising Mox Gunderson, Dan Linnell, Adam Haydon, and Devon Dvorak.