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Chicago & Midwest  + Midwest  + Apartments  |  October 1, 2025
Jasmine Kilman
By: Jasmine Kilman

Marcus & Millichap Arranges Sale of 42-Unit MF in Minnesota

Marcus & Millichap arranged the sale of Hampton Place, a 42-unit multifamily property in St. Cloud, Minnesota, for $2.35 million.

“Demand for naturally affordable housing like Hampton Place remains strong in St. Cloud and similar communities,” said Chris Collins, senior director investments. Collins and Evan Miller, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both Minnesota limited liability companies.

Hampton Place is located at 503 15th Ave. SE and features a mix of one-, two- and three-bedroom units across 34,597 rentable square feet. Built in 1989, the property is on 1.65 acres in St. Cloud, a regional hub known for its strong education, healthcare and arts sectors. It is less than 10 minutes from St. Cloud State University and the Mississippi River.

Read More News Stories About: Marcus & Millichap
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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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