FPA Multifamily Acquires Multifamily Property In Bloomington, Minnesota For $32.8M

9900 Briar Road, a multifamily property located in Bloomington, Minnesota, was recently sold for a price of $32,800,000. The property consists of 213 units, with a price per unit of $153,991.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $32,800,000
• Units: 213
• Price per Unit: $153,991
• Address: 9900 Briar Road, Bloomington, Minnesota

The buyer in this transaction was FPA Multifamily, represented by Greg Fowler & Dan Kaplan. The seller was Belgarde Property Services Inc.