1137 E Saint Patrick St, Rapid City (Michigan) — Net-Lease Retail Sale, $1.9M (Mar 2022)

Type: Net-lease retail · Sale price: $1,862,889 · Closed: March 2022

Net-lease 1137 E Saint Patrick St retail investment in Rapid City (Michigan), sold March 2022 for $1,862,889.

2022 LA multifamily held at peak pricing through mid-year, then began the rate-driven repricing that would define 2023.

This transaction is part of the Sterman Multifamily Group closed archive — over fourteen years at Marcus & Millichap.


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Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.

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