Sentinel Management sold Woodmere Apartments, an 18-building, 182-unit multifamily complex in Saint Paul, MN, for $10.4 million, or approximately $57,143 per unit. Todd Horne of Woodbridge Terrace Apartments LLP purchased the property and reported an actual cap rate at the time of sale of 6.75%.
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6940 Woodmere Rd, Woodbury, MN