Investment Overview

Marcus & Millichap, as the exclusive listing broker, is pleased to present Hampton Place Apartments, a 42-unit multifamily property located in Saint Cloud, Minnesota. This property is being offered for sale on a free-and-clear basis. Saint Cloud is a vibrant city located along the banks of the Mississippi River in central Minnesota. Known for its natural beauty and strong community spirit, Saint Cloud serves as a regional hub for commerce, education, and healthcare. The city is home to St. Cloud State University, which brings a youthful energy and cultural diversity to the area. With a rich history tied to granite quarrying—earning it the nickname “The Granite City”—Saint Cloud blends small-town charm with urban conveniences, offering residents and visitors a mix of scenic parks, historical landmarks, and modern amenities. In addition to its educational and economic strengths, Saint Cloud boasts an active arts and culture scene. The Paramount Center for the Arts and various local theaters and galleries provide a creative outlet for artists and performers. Outdoor enthusiasts enjoy the nearby Beaver Islands Trail and Munsinger Clemens Gardens, perfect for walking, biking, and relaxing by the river. The city also hosts numerous community events throughout the year, including seasonal festivals and farmers’ markets. With its welcoming atmosphere and strategic location just over an hour from Minneapolis, Saint Cloud continues to grow as a desirable place to live, work, and explore. Hampton Place Apartments features a diverse mix of One-bedroom, Two-bedroom, and Three-bedroom units. The property has held historically high occupancy as well as year over year rent growth.