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Marcus & Millichap Sells Crest Oak Apartments Multifamily Property In Coon Rapids Minnesota
SOLD
Minnesota
See Similar DealsMultiFamily47,150 SF
Sold 02/05/2025
SOLD
Marcus & Millichap Sells Crest Oak Apartments Multifamily Property In Coon Rapids Minnesota
9900 Bluebird Street Northwest
See Similar DealsMultiFamily47,150 SF
Sold 02/05/2025
Summary
MINNESOTA
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:47,150 SF
Transaction Type:Sale
The transaction involved the sale of a multifamily property located at 9900-30 Bluebird Street Northwest in Coon Rapids, MN. The asset consists of 60 units and spans a total square footage of 47,150, situated on approximately 3.93 acres.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 60
- Square Footage: 47,150
- Address: 9900-30 Bluebird Street Northwest
- Market: Coon Rapids, MN
- Acres: 3.93
- Brokers: Abe Roberts & Michael Jacobs - Marcus & Millichap
The sale of Crest Oak Apartments was brokered by Marcus & Millichap, with Abe Roberts and Michael Jacobs leading the transaction for the buyer, who was participating in a 1031 exchange. This closing marked the final transaction for the seller in a four-property portfolio sale.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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