Business & Tech

Burnsville Apartment Complex Sells For $47.2 Million: Report

The apartment complex sold Sept. 7.

BURNSVILLE, MN — Avana West Park, an apartment complex off of East Traveler's Trail in Burnsville, sold for $47.2 million Sept. 7, according to a report by Minneapolis/St. Paul Business Journal.

Greystar, a South Carolina-based rental housing company, was the buyer of the three-building, 240-unit complex, the publication reported.

The sale price was about $197,000 per unit, the report said.

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The previous owner was California-based Trinity Property Consultants, according to the report.

You can read more at Minneapolis/St. Paul Business Journal.

Find out what's happening in Burnsvillefor free with the latest updates from Patch.

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