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Affordable Housing Portfolio in Minnesota Changes Hands

Steele Properties Has Acquired 186 Units
The portfolio includes Larson Commons, located at 810 Cloquet Ave. in Cloquet, Minnesota. (CoStar)
The portfolio includes Larson Commons, located at 810 Cloquet Ave. in Cloquet, Minnesota. (CoStar)
By Ubay Altae
CoStar Research
August 15, 2024 | 10:27 P.M.

Steele Properties has bought an 186-unit affordable housing portfolio for $42.3 million, translating to approximately $227,419 per unit.

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