Sales Figures
Project
|
Units
|
Sales Price ($M)
|
Price Per Unit |
Gross Income
|
Net Income
|
Cap Rate (%) |
Times Gross
|
Northfield (Northfield) |
32 |
$1,728,000 |
$54,000 |
$223,440 |
$129,606 |
7.5 |
7.7 |
Marion Manor (St. Paul) |
48 | $2,690,000 | $56,042 | $351,595 | $192,239 | 7.1 | 7.6 |
Parkshore Estates (Bloomington) |
240 | $14,350,000 | $59,792 | $1,889,402 | $1,025,793 | 7.6 | 7.1 |
Baypointe (Minnetonka) |
80 | $5,000,000 | $62,500 | $688,029 | $343,865 | 6.9 | 7.6 |
Willow Lane (Brooklyn Center) |
58 | $3,000,000 | $51,724 | $399,304 | $196,372 | 5.9 | 7.5 |
Orleans Homes (Stillwater) |
124 | $7,600,000 | $61,290 | $1,081,241 | $639,850 | 7.6 | 7.1 |
1st Avenue South (Minneapolis |
25 | $1,201,000 | $48,040 | $164,665 | $87,705 | 6.7 | 8.3 |
12th Avenue South (Minneapolis) |
21 | $1,057,500 | $50,357 | $168,357 | $83,379 | 7.6 | 6.6 |
West 61st Street (Minneapolis) |
31 | $1,855,000 | $59,839 | $250,872 | $124,846 | 6.7 | 7.6 |
Greengate (Maplewood) |
108 | $,7500,000 | $69,400 | $1,052,890 | $588,897 | 7.9 | 7.1 |
Laughing Monk (Minneapolis) |
12 | $625,000 | $52,080 | $87,975 | $49,794 | 8.0 | 7.1 |
Oak Street (Hastings) |
9 | $520,000 | $57,770 | $67,419 | $34,407 | 7.7 | 6.6 |
Camelot (Brooklyn Park) |
92 | $4,200,000 | $45,650 | $728,491 | $368,869 | 8.8 | 5.8 |
Newport Ponds (Newport) |
53 | $3,090,000 | $58,300 | $436,370 | $264,976 | 8.6 | 7.1 |
Pillsbury (Minneapolis) |
40 | $2,580,000 | $64,500 | $330,949 | $165,494 | 6.4 | 7.8 |
Parkview (Bloomington) |
106 | $6,700,000 | $63,208 | $896,273 | $434,564 | 6.5 | 7.5 |
Hopkins Arches (Hopkins) |
150 | $5,770,000 | $38,460 | $946,344 | $517,053 | 9.0 | 6.1 |
Emerald Manor (South St. Paul) |
24 | $1,164,000 | $64,583 | $183,551 | $108,549 | 7.0 | 8.4 |
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405