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Village Apartments near Twin Cities sells for $24.5 million

JLL facilitates trade of 252-unit multifamily property
Built in 1969, Village Apartments comprises three-story brick and wood structures. (CoStar)
Built in 1969, Village Apartments comprises three-story brick and wood structures. (CoStar)
By Jack Drewicz
CoStar Research
January 16, 2025 | 4:18 P.M.

North Lone Star Capital and Eephus Capital have purchased a 252-unit multifamily property in Forest Lake, Minnesota, for $24.5 million, according to a brokerage JLL Capital Markets.

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