SOLD
Global Health Link Inc. Acquires Phalen Shores Multifamily In Saint Paul For $5.01M
965 East Ivy Avenue
MultiFamily
Sold 232 days ago
Summary
Sale
MINNESOTA
MultiFamily
Global Health Link Inc. has purchased the 53-unit Phalen Shores property in St. Paul, Minnesota for $5.01 million. The property, located at 965 Ivy Avenue East, is a multifamily asset. The sale price translates to an average unit price of $94,528, which is lower than the average unit price of $152,719 in the Twin Cities metro area.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $5,010,000
- Units: 53
- Price Per Unit (PPU): $94,528
- Buyer: Global Health Link Inc. - Ahmed Issa
- Seller: Steven Scott Management Inc. - Mark Jensen
- Brokers: Abe Roberts & Michael Jacobs - Marcus & Millichap
The buyer in this transaction, Global Health Link Inc., was represented by Ahmed Issa. The seller, Steven Scott Management Inc., was represented by Mark Jensen. The brokers involved in the deal were Abe Roberts and Michael Jacobs from Marcus & Millichap.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Abe Roberts, Mark Jensen & Michael Jacobs
DATE: 09/26/2023
ADDRESS: 965 Ivy Avenue East
MARKET: Saint Paul, Minnesota
ASSET TYPE: Multifamily
BUYER: Global Health Link Inc. (@GlobalHealthLink) - Ahmed Issa
SELLER: Steven Scott Management Inc. (@StevenScottManagement) - Mark Jensen
BROKERS: Abe Roberts & Michael Jacobs (@Michael_Jacobs_Multifamily) - Marcus & Millichap (@MarcusMillichapinc)
SALE PRICE: $5,010,000
UNITS: 53 ~ PPU: $94,528
NOTE: Global Health Link Inc. entity has bought the 53-unit Phalen Shores property in St. Paul for $5.01 million from Phalen Shores LLC, affiliated with Steven Scott Management Inc. The average unit price in this acquisition was $94,528, lower than the Twin Cities metro area's average of $152,719 per unit.View on map
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Address965 East Ivy Avenue
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