Category Archives: Sales Market Updates

The real estate market moves at a fast pace, so we strive to keep you updated. We provide a quarterly sales market analysis overview for multi-family properties. This summary will help you gain an understanding of what is really going on.

MSP Quarterly: 2-3 Unit Sales

Google BuzzLinkedInShare

Minneapolis 2-3 Unit Sales – Where are they going? The housing market has been anything but predictable in recent years.  Everyone would like to know where the market is going.  InvestProp once again researched the issue pertaining specifically to the … Continue reading

Posted in Sales Market Updates | Leave a comment

Annual Update: 5-25 Units in Mpls

Google BuzzLinkedInShare

InvestProp will be providing market research to the blog in the form of 4 quarterly reports throughout the year and 1 annual report on the previous year.  Each of these reports will focus on 2-3 unit, 4 unit, and 5-25 … Continue reading

Posted in Sales Market Updates | Tagged , , , | Leave a comment

MSP Quarterly: 4-Plex Sales

Google BuzzLinkedInShare

Minneapolis 4-Plex Sales – Distressed Sales are still the majority, but are rapidly decreasing in the market Investors, banks and owners are trying to understand how the multifamily market is doing in 2011 and where the multifamily market is heading.  … Continue reading

Posted in Sales Market Updates | Tagged , , , , | Leave a comment

SOLD: 24 unit apartment building in Mound, Minnesota

Google BuzzLinkedInShare

In June 2011, Brad Schaeppi successfully brokered the sale of Langdon Lake Apartments in Mound, MN with George Zeller of Welsh Companies.  The Property transacted for $1,190,000 (or just under $50,000/unit) to a first time local buyer all-cash.  Contact Brad … Continue reading

Posted in InvestProp News, Sales Market Updates | Tagged , , | Leave a comment

SOLD: 18 Unit South Minneapolis Apartment Building

Google BuzzLinkedInShare

In May 2011, Brad Schaeppi brokered the sale of the Antonoff, an 18 unit apartment building in South Minneapolis.  The property sold for $780,000 or $43,333 per unit.  The buyer 1031 exchanged into the property and financed the property with … Continue reading

Posted in InvestProp News, Sales Market Updates | Tagged , , , | Leave a comment