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Rise Capital Partners buys apartment complex in Saint Cloud, Minnesota

Buyer utilized a 1031 exchange to acquire the property
Willow Breeze Apartments is located at 1455 Minnesota Blvd. SE. (Jeff Karels/CoStar)
Willow Breeze Apartments is located at 1455 Minnesota Blvd. SE. (Jeff Karels/CoStar)
By Ubay Altae
CoStar Research
October 18, 2024 | 7:40 P.M.

Puchalla Properties recently sold the Willow Breeze Apartments, a 105,515-square-foot complex in Saint Cloud, Minnesota. The buyer, Rise Capital Partners, purchased the property for $10.6 million or $132,500 per unit.  

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