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Hotel Ivy Owner Picks Up Apartment Complex in South Minneapolis Suburbs

$25.5 Million Deal Is One of a Handful to Close in Eden Prairie
Apartment complex Olympic Ridge was built in 1988. (CoStar)
Apartment complex Olympic Ridge was built in 1988. (CoStar)
By Clare Kennedy
CoStar News
April 13, 2020 | 4:35 P.M.

Investor Heartland Realty Investors, Inc.'s newest acquisition is something that doesn't come along every day: A multifamily property in Eden Prairie, Minnesota, a suburb south of Minneapolis that has only seen eight other apartment trades in the past five years.

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