Valley Creek Apartments (Sold)

Moran & Company is pleased to announce an exclusive listing for the sale of Valley Creek Apartments, a 402-unit, high-quality apartment community in Woodbury, one of the most desirable cities in the Minneapolis-St. Paul MSA. Valley Creek Apartments offers investors a compelling value-add opportunity and optional favorable tax-exempt bond financing. Completed in 1989, the property offers one and two bedroom units, over underground parking, with abundant community amenities in a pristine setting. Located one-half mile west of the full interchange of I-494 and Valley Creek Road, which is approximately 1.5 miles south of the I-94 and I-494 interchange, the property provides direct access to the major employment centers of the Minneapolis-St. Paul MSA.

Valley Creek Apartments is being offered for $36,000,000, on an “as is, where is” basis, which is $89,550 per unit or $94.68 per square foot. Available all-cash or with assumption of existing bond financing.

To discuss this offer in detail, please contact Pete Evans at 312-407-6711.

Tours will begin Monday, April 19th. To schedule a tour of this asset, please contact Mary Blonder at 312-407-6734.