CBRE Multifamily represented Healey Ramme Company in the sale and contribution of Southfork Townhomes, a 272-unit multifamily community at 18001 Jubilee Way, to Investors Real Estate Trust. Healey Ramme Company was represented by the Minneapolis-based team of Keith Collins, Abe Appert and Ted Abramson.
Constructed in 1988 and 1990, Southfork is located in Lakeville adjacent to I-35W, allowing quick access to downtown Minneapolis and St. Paul, with both the Mall of America and the Minneapolis-St. Paul International Airport less than 15 minutes away. The townhomes provide a quiet and relaxing family-friendly lifestyle with many amenities offered, including a clubhouse, sun deck, a children’s play lot, private entries, walk-in closets, a swimming pool, attached garages, BBQ grills, nearby wildlife trails, and so much more. Seventy-five percent of the 272 units are two and three-bedroom properties, while the remaining 25 percent are one-bedroom properties.