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Grandview Terrace apartment complex changes hands

Lion Rock Properties buys 88-unit multifamily property in Minnesota
This this low-rise apartment complex was built in 1970. (CoStar)
This this low-rise apartment complex was built in 1970. (CoStar)
By Katherine Poole
CoStar Research
November 19, 2024 | 3:28 P.M.

Investment Property Group recently sold Grandview Terrace, a 101,637-square-foot, 88-unit apartment complex in Mound, Minnesota. The buyer, Lion Rock Properties, purchased the two multifamily buildings for $9.8 million.

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