Jason Quillings Of QT Holdings Acquires Helix Apartments In St. Louis Park For $33M

The multifamily asset involved in the transaction is the Helix Apartments, located at 7450 Highway 7 in St. Louis Park, MN. The property consists of 167 units and was sold for $33,000,000, resulting in a price per unit of $197,605. The mid-1980s constructed property underwent extensive renovations in the early 2020s and includes amenities such as a pool, fitness center, dog park, and underground parking, while maintaining historically high occupancy rates.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $33,000,000
• Units: 167
• Price Per Unit: $197,605
• Buyer: Jason Quillings - QT Holdings
• Seller: Helix Owner LLC
• Brokers: Josh Talberg - JLL, Joseph Peris - JLL, Jack Graveline - JLL, Jack Graveline - JLL

This transaction highlights the involvement of Jason Quillings, representing QT Holdings, who acquired the property from Helix Owner LLC. The brokerage services for the deal were provided by Josh Talberg, Joseph Peris, and Jack Graveline, all associated with JLL, indicating a collaborative effort in securing this multifamily asset acquisition.