Marcus & Millichap

Dan Linnell

Overview

Dan Linnell is a multifamily specialist for Marcus & Millichap, and concentrates on the Twin Cities, Outstate Minnesota and Western Wisconsin. His career has focused on clients’ investment real estate acquisitions and dispositions.

Mr. Linnell began his career in Marcus & Millichap’s Minneapolis Office in 2010, and was the first to become a senior associate in November 2013. That same year he also earned the Minneapolis Office’s “Top Producer Award - 2013.” During his career he has been involved in transactions large and small, which involves underwriting, marketing, contract negotiations and escrow management. In February 2016, Mr. Linnell, joined forces with Mox Gunderson and Josh Talber creating the Gunderson Linnell Talberg Group. As of late June 2016, they had closed a combined $254,261,544 in career sales.
 
Dan is a graduate of Saint Cloud State University’s Real Estate Program, and a native of Mendota Heights, Minnesota. Dan enjoys all outdoor activities in Minnesota, no matter what the season; and recently completed his first marathon.

 
PAST 24 MONTHS OF CLOSINGS

*1915 UNITS TOTALING OVER $18 MILLION*

  8 Units in Monticello, MN 4/22/2016
12 Units in Saint Paul, MN 1/22/2016
11 Units in Duluth, MN 1/12/2015
40 Units in Litchfield, MN 1/11/2016
99 Units in Saint Paul, MN 1/4/2016
72 Units in Alexandria, MN 12/31/2015
70 Units in Minneapolis, MN 12/31/2015
48 Units in Willmar, MN 12/16/2015
44 Units in Menomonie, WI 12/14/2015
24 Units in Cottage Grove, MN 11/2/2015
18 Units in Alexandria, MN 11/2/2015
54 Units in Minneapolis, MN 10/12/2015
16 Units in North Branch, MN 9/3/2015
  7 Units in Saint Paul, MN 9/3/2015
11 Units in Saint Paul, MN on 9/1/2015
36 Units in Bemidji, MN on 8/18/2015
72 Units in Cloquet, MN on 8/14/2015
42 Units in Minneapolis, MN on 8/13/2015
18 Units in Saint Cloud, MN on 7/30/2015
30 Units in Faribault, MN on 6/30/2015
11 Units in Saint Paul, MN on 5/28/2015
48 Units in Prior Lake, MN on 5/18/2015
33 Units in Bloomington, MN on 5/13/2015
139 Units in Minneapolis, MN on 5/6/2015
12 Units in Falcon Heights, MN on 4/2/2015
53 Units in Saint Paul, MN on 3/31/2015
34 Units in Fridley, MN on 1/30/2015
60 Units in Coon Rapids, MN on 1/12/2015
22 Units in Minneapolis, MN on 12/31/2014
84 Units in Minneapolis, MN on 12/30/2014
72 Units in North Mankato, MN on 12/23/2014
16 Units in Saint Louis Park, MN on 12/12/2014
72 Units in Burnsville, MN on 12/10/2014
24 Units in Osceola, WI on 11/13/2014
48 Units in Cambridge, MN on 11/4/2014
48 Units in Forest Lake, MN on 10/31/2014
54 Units in Elk River, MN on 10/17/2014
92 Units in Chaska, MN on 9/15/2014
21 Units in Minneapolis, MN on 8/18/2014
45 Units in Saint Paul, MN on 6/5/2014
24 Units in Ellsworth, WI on 6/2/2014
64 Units in Zimmerman, MN on 5/22/2014
17 Units in Saint Paul, MN on 4/30/2014
46 Units in Crystal, MN on 4/1/2014
36 Units in Anoka, MN on 2/28/2014

Minneapolis
Dan Linnell

Dan Linnell

Vice President Investments
Tel: (952) 852-9770
Fax: (952) 852-9710

License:  MN  40211216

Director - National Multi Housing Group

Promoted to Associate in August, 2010
Promoted to Senior Associate in November, 2013

Saint Cloud State University

Minneapolis Office -- Top Producer Award - 2015 & 2013
 
Sales Recognition Award -- November 2013
Sales Recognition Award -- December 2014
Sale Recognition Award -- August 2015
Sales Recognition Award (Gold Level) -- 2014
Sales Recognition Award (Gold Level) -- 2015

Specialty

EXPERTISE

Associate Member, National Multi Housing Group, August 2010
Member, National Multi Housing Group, December 2013
Associate Director, National Multi Housing Group, January 2015
Director, National Multi Housing Group, September 2015 

Our Team

Dan Linnell, Mox Gunderson, Evan Miller, Adam Haydon, Chris Collins

Gunderson Linnell Talberg Group

The number of multifamily investment property transactions in our region has seen rapid growth, and with that growth comes change. In response to the needs of our clients, present and future, Dan Linnell and Mox Gunderson, joined forces in 2014 to form the Gunderson-Linnell Group, within the Minneapolis Office of Marcus & Millichap. The group is comprised of these two top-grossing senior associates, four knowledgeable and hard-working associates, a sharp financial analyst to run the numbers, and a dedicated marketing and transactions specialist to keep things running smoothly. Our boots-on-the-ground in and around the Twin Cities Greater Metropolitan Area, Out-State Minnesota and Western Wisconsin, give us the greatest coverage in the region to serve your investment needs.
 
We look forward to growing with you by continuing to create more buying opportunities for our investors looking to acquire; and leveraging the platform and value for our sellers with the most aggressive marketing campaign available in the marketplace.

Team Members:

  • Mox Gunderson
    Associate Vice President Investments
    (952) 852-9700
  • Evan Miller
    Associate
    (952) 852-9700
  • Abe Roberts
    Agent Assistant
    (952) 852-9700
  • Abe Roberts
    Agent Assistant
    (952) 852-9700
  • Adam Haydon
    Associate
    (952) 852-9700
  • Chris Collins
    Associate
    (952) 852-9700
  • Holli Taff
    Executive Administrator
    (952) 852-9700
  • Jacob Frishman
    Research Analyst
    (952) 852-9700

Transactions Closed

  • 101 North 30th Avenue West

    101 North 30th Avenue West

    Multifamily

    Duluth, MN
    Price: $450,000
    Size: 12,022 sqft
    Size: 11 units
    Cap Rate: 4.92%

  • 2920 Dean Parkway

    2920 Dean Parkway

    Multifamily

    Minneapolis, MN
    Price: $9,000,000
    Size: 41,175 sqft
    Size: 54 units

  • Creekside Apartments

    Creekside Apartments

    Multifamily

    Litchfield, MN
    Price: $1,575,000
    Size: 28,907 sqft
    Size: 40 units
    Cap Rate: 8.76%

  • Como by the Lake Apartments

    Como by the Lake Apartments

    Multifamily HUD

    Saint Paul, MN
    Size: 32,200 sqft
    Size: 99 units

  • Lakewood Apartments

    Lakewood Apartments

    Multifamily

    Alexandria, MN
    Price: $3,207,500
    Size: 49,890 sqft
    Size: 72 units
    Cap Rate: 6.65%

  • Lyndale Avenue Properties

    Lyndale Avenue Properties

    Multifamily

    Bloomington, MN
    Price: $2,200,000
    Size: 18,150 sqft
    Size: 33 units

  • The Alden

    The Alden

    Multifamily

    Minneapolis, MN
    Size: 35,984 sqft
    Size: 70 units

  • Foot Lake Estates

    Foot Lake Estates

    Multifamily

    Willmar, MN
    Price: $2,050,000
    Size: 35,600 sqft
    Size: 48 units
    Cap Rate: 7.91%

  • Micheels, Harvey & Terrill Portfolio

    Micheels, Harvey & Terrill Portfolio

    Multifamily

    Menomonie, WI
    Price: $916,364
    Size: 17,008 sqft
    Size: 24 units
    Cap Rate: 8.92%

  • Micheels, Harvey & Terrill Portfolio

    Micheels, Harvey & Terrill Portfolio

    Multifamily

    Menomonie, WI
    Price: $763,636
    Size: 14,100 sqft
    Size: 20 units
    Cap Rate: 8.80%

  • Cottage Grove Estates

    Cottage Grove Estates

    Multifamily

    Cottage Grove, MN
    Price: $2,125,000
    Size: 28,800 sqft
    Size: 24 units
    Cap Rate: 7.77%

  • Woodhill Apartments

    Woodhill Apartments

    Multifamily

    Alexandria, MN
    Price: $677,000
    Size: 11,200 sqft
    Size: 18 units
    Cap Rate: 7.03%

  • North Oaks Apartments

    North Oaks Apartments

    Multifamily

    North Branch, MN
    Price: $769,000
    Size: 10,920 sqft
    Size: 16 units
    Cap Rate: 7.50%

  • 395 Fairview Avenue North

    395 Fairview Avenue North

    Multifamily

    Saint Paul, MN
    Price: $395,000
    Size: 3,500 sqft
    Size: 07 units
    Cap Rate: 6.59%

  • 1621 West 7th Street

    1621 West 7th Street

    Multifamily

    Saint Paul, MN
    Price: $970,000
    Size: 8,800 sqft
    Size: 11 units
    Cap Rate: 6.50%

  • Bristlecone Manor

    Bristlecone Manor

    Multifamily

    Bemidji, MN
    Price: $1,350,000
    Size: 27,000 sqft
    Size: 36 units
    Cap Rate: 8.18%

  • Woodgate Apartments & Viking Manor I/II

    Woodgate Apartments & Viking Manor I/II

    Multifamily

    Cloquet, MN
    Price: $3,205,000
    Size: 47,680 sqft
    Size: 72 units
    Cap Rate: 8.28%

  • Second Street Lofts

    Second Street Lofts

    Multifamily

    Minneapolis, MN
    Size: 48,448 sqft
    Size: 42 units

  • Benton Place

    Benton Place

    Multifamily

    Saint Cloud, MN
    Price: $800,000
    Size: 14,410 sqft
    Size: 18 units
    Cap Rate: 7.43%

  • The Paxon

    The Paxon

    Multifamily

    Minneapolis, MN
    Size: 197,000 sqft
    Size: 139 units

  • Park Avenue

    Park Avenue

    Multifamily Tax Credit

    Faribault, MN
    Size: 27,450 sqft
    Size: 30 units

  • 2003 Grand Avenue

    2003 Grand Avenue

    Multifamily

    Saint Paul, MN
    Price: $1,050,000
    Size: 6,650 sqft
    Size: 11 units
    Cap Rate: 5.45%

  • Kestrel Village Apartments

    Kestrel Village Apartments

    Multifamily Tax Credit

    Prior Lake, MN
    Price: $3,514,000
    Size: 46,080 sqft
    Size: 48 units
    Cap Rate: 6.47%

  • 1707 Lindig Street

    1707 Lindig Street

    Multifamily

    Falcon Heights, MN
    Price: $1,300,000
    Size: 12,940 sqft
    Size: 12 units
    Cap Rate: 6.09%

  • Phalen Shores

    Phalen Shores

    Multifamily

    Saint Paul, MN
    Price: $4,150,000
    Size: 44,431 sqft
    Size: 53 units
    Cap Rate: 6.03%

  • Oak Hills Apartments

    Oak Hills Apartments

    Multifamily

    Fridley, MN
    Size: 23,500 sqft
    Size: 34 units

  • Charles Avenue Apartments

    Charles Avenue Apartments

    Multifamily

    Saint Paul, MN
    Price: $2,725,000
    Size: 25,215 sqft
    Size: 45 units
    Cap Rate: 6.78%

  • Crest Oak Apartments

    Crest Oak Apartments

    Multifamily

    Coon Rapids, MN
    Size: 51,850 sqft
    Size: 60 units

  • Cottages of Ellsworth

    Cottages of Ellsworth

    Multifamily Tax Credit

    Ellsworth, WI
    Size: 19,584 sqft
    Size: 24 units

  • Amber Court Apartments

    Amber Court Apartments

    Multifamily

    Minneapolis, MN
    Size: 14,300 sqft
    Size: 22 units

  • Maryland Avenue Apartments

    Maryland Avenue Apartments

    Multifamily

    Saint Paul, MN
    Price: $666,667
    Size: 11,150 sqft
    Size: 17 units
    Cap Rate: 7.00%

  • Grant Street Commons

    Grant Street Commons

    Multifamily

    Minneapolis, MN
    Size: 61,942 sqft
    Size: 84 units

  • Marion Park Apartments

    Marion Park Apartments

    Multifamily

    Saint Paul, MN
    Price: $1,665,000
    Size: 23,675 sqft
    Size: 35 units
    Cap Rate: 7.28%

  • Hoover Estates

    Hoover Estates

    Multifamily Tax Credit

    North Mankato, MN
    Size: 62,784 sqft
    Size: 72 units

  • Maple View Apartments

    Maple View Apartments

    Multifamily

    Saint Paul, MN
    Price: $1,870,000
    Size: 24,300 sqft
    Size: 34 units
    Cap Rate: 7.13%

  • Hampshire Apartments

    Hampshire Apartments

    Multifamily

    Saint Louis Park, MN
    Size: 13,428 sqft
    Size: 16 units

  • English Manor

    English Manor

    Multifamily

    Saint Paul, MN
    Price: $945,000
    Size: 15,050 sqft
    Size: 21 units
    Cap Rate: 7.93%

  • Whispering Oaks

    Whispering Oaks

    Multifamily

    Burnsville, MN
    Size: 73,368 sqft
    Size: 72 units

  • Maple Lane Apartments

    Maple Lane Apartments

    Multifamily

    Anoka, MN
    Price: $819,000
    Size: 12,850 sqft
    Size: 17 units
    Cap Rate: 8.33%

  • Scenic Valley Apartments

    Scenic Valley Apartments

    Multifamily

    Osceola, WI
    Price: $980,000
    Size: 16,000 sqft
    Size: 24 units
    Cap Rate: 7.52%

  • Beard Avenue Apartments

    Beard Avenue Apartments

    Multifamily

    Brooklyn Center, MN
    Price: $1,650,000
    Size: 23,250 sqft
    Size: 36 units
    Cap Rate: 9.32%

  • Calhoun Apartments

    Calhoun Apartments

    Multifamily

    Cambridge, MN
    Size: 33,200 sqft
    Size: 48 units

  • 729 Oakdale Avenue

    729 Oakdale Avenue

    Multifamily

    Saint Paul, MN
    Price: $1,150,000
    Size: 16,150 sqft
    Size: 23 units
    Cap Rate: 6.73%

  • 722 3rd Street

    722 3rd Street

    Multifamily

    Hudson, WI
    Price: $490,000
    Size: 6,400 sqft
    Size: 08 units
    Cap Rate: 6.26%

  • Douglas Drive Terrace

    Douglas Drive Terrace

    Multifamily

    Crystal, MN
    Size: 38,200 sqft
    Size: 46 units

  • Como Dale Apartments

    Como Dale Apartments

    Multifamily

    Saint Paul, MN
    Price: $1,275,000
    Size: 19,925 sqft
    Size: 29 units
    Cap Rate: 7.95%

  • Pine Ridge Apartments

    Pine Ridge Apartments

    Multifamily

    Saint Croix Falls, WI
    Price: $1,833,500
    Size: 27,200 sqft
    Size: 32 units
    Cap Rate: 6.79%

  • Highlands on Graham

    Highlands on Graham

    Multifamily Vacant/User

    Saint Paul, MN
    Price: $8,251,757
    Size: 70,000 sqft
    Size: 72 units
    Cap Rate: 1.88%

  • Ashwood Ponds

    Ashwood Ponds

    Multifamily Tax Credit

    Woodbury, MN
    Price: $2,880,000
    Size: 33,110 sqft
    Size: 36 units
    Cap Rate: 7.25%

  • Colonial Manor Apartments

    Colonial Manor Apartments

    Multifamily

    Fridley, MN
    Price: $1,250,000
    Size: 13,800 sqft
    Size: 24 units
    Cap Rate: 5.56%

  • 1577 Ashland Avenue

    1577 Ashland Avenue

    Multifamily

    Saint Paul, MN
    Price: $745,000
    Size: 5,663 sqft
    Size: 10 units
    Cap Rate: 4.13%

  • St. Anthony Place Apartments

    St. Anthony Place Apartments

    Multifamily

    Minneapolis, MN
    Price: $1,701,000
    Size: 18,678 sqft
    Size: 21 units
    Cap Rate: 6.18%

  • Hillcrest Apartments

    Hillcrest Apartments

    Multifamily

    Le Sueur, MN
    Price: $792,000
    Size: 15,048 sqft
    Size: 23 units
    Cap Rate: 9.21%

  • Lowertown Commons & Parkside Apartments

    Lowertown Commons & Parkside Apartments

    Multifamily

    Saint Paul, MN
    Price: $14,025,000
    Size: 45,542 sqft
    Size: 167 units
    Cap Rate: 7.00%

  • Winifred Apartments

    Winifred Apartments

    Multifamily

    Saint Paul, MN
    Price: $727,500
    Size: 7,750 sqft
    Size: 12 units
    Cap Rate: 7.48%

  • 395 Fairview Avenue North

    395 Fairview Avenue North

    Multifamily

    Saint Paul, MN
    Price: $265,000
    Size: 3,500 sqft
    Size: 07 units
    Cap Rate: 7.97%

  • 7520 & 7522 Egan Drive

    7520 & 7522 Egan Drive

    Multifamily

    Savage, MN
    Price: $450,000
    Size: 09 units
    Cap Rate: 8.78%

  • 1849 Portland Avenue

    1849 Portland Avenue

    Multifamily

    Saint Paul, MN
    Price: $425,000
    Size: 4,417 sqft
    Size: 05 units
    Cap Rate: 5.70%

  • Marshall Apartments

    Marshall Apartments

    Multifamily

    Saint Paul , MN
    Price: $480,000
    Size: 5,885 sqft
    Size: 10 units
    Cap Rate: 6.80%

  • 958 Manvel Street

    958 Manvel Street

    Multifamily

    Saint Paul, MN
    Price: $349,000
    Size: 3,955 sqft
    Size: 07 units
    Cap Rate: 4.53%

In The News

  • Heritage Apartments in New Richmond, Wisconsin Purchased by LLC

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    Gunderson-Linnell Group closes mixed use property in Minneapolis

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    Gunderson-Linnell Group represents the buyer and seller in 24-unit deal in Cottage Grove

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  • After a Half Century Vintage Property Gets New Owner

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    M&M Brokers the $4.1M Sale of Phalen Shores Apartment Property

    $4.1 million sale of Phalen Shores, a 53-unit apartment property located in Saint Paul

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    Gunderson-Linnell Groups Closes Two Multifamily Deals in Minneapolis

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  • Gunderson-Linnell Group represents the buyer and seller in $8.5M Downtown Minneapolis Apartment Deal

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    Gunderson-Linnell Group represents the buyer in $2.1M sale of Apartment Property in MInneapolis

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    Gunderson-Linnell arranges $7M Sale of Apartment Property in Burnsville

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  • Gunderson-Linnell Group brokers 16-unit Apartment Property deal in St. Louis Park

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    Gunderson-Linnell Group sells 24-Units in Osceola, Wisconsin

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    Gunderson-Linnell Group brokers $2.5M Sale of Apartment Property in Cambridge, Minnesota

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  • Gunderson-Linnell Groups sells 48-unit apartment property in Cambridge, Minnesota

    Read More

    Marcus & Millichap promotes three in Minneapolis office

    Linnell, Doyle & Gunderson promoted to Senior status

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    Saint Anthony Place Apartments - Saint Anthony Main

    Read More
  • Lowertown Commons & Parkside Apartments - Downtown Saint Paul

    Read More

    Highlands on Graham - Highland Park

    Read More

    Colonial Manor Apartments - Fridley

    Read More
  • Beard Avenue Apartments - Brooklyn Center

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    English Manor Apartments - Saint Paul

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    Marion Park Apartments - Saint Paul

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