D&B Cleveland Terrace Buys Cleveland Avenue Apartments in Minneapolis

Reported Sep 11, 2026 · Source: Finance & Commerce

Source: Finance & CommerceRead the full report at Finance & Commerce ↗

Deal details

Buyer
D&B Cleveland Terrace LLC (Hornig Cos.)
Seller
Como II, LLC (At Home Apartments)
Price
$4.5M
Size
50 units
Price per unit
$90,000 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
St. Paul
Metro
Minneapolis-St. Paul
Reported date
Sep 11, 2026

Summary

Hornig Cos. purchased the 50-unit Cleveland Avenue Apartments in St. Paul for $4.5 million, per Finance & Commerce. The record lists the buyer as D&B Cleveland Terrace LLC, c/o Hornig Cos., and the seller as Como II, LLC, c/o At Home Apartments. It shows a $1.35 million down payment, a new mortgage and $90,000 per unit.

Summarized from the article; the quoted lines below are from the article itself.

Source: Finance & Commerce

Read the full report at Finance & Commerce. What the article says:

  • Deal
    The 7th Avenue Apartments in North St. Paul sold for $4.15 million. Hornig Cos. acquired the Cleveland Avenue Apartments in St. Paul.
  • Deal / Price / Size
    Hornig Cos. purchased the 50-unit Cleveland Avenue Apartments in St. Paul for $4.5 million.
  • Buyer / Seller
    Place: 503, 563, 569 Cleveland Ave. S., St. Paul, 2069 Watson Ave., St. Paul Price: $4.5 million; $1.35 million down payment; new mortgage; $90,000 per unit Buyer: D&B Cleveland Terrace LLC, c/o Hornig Cos., St. Louis Park Seller: Como II, LLC, c/o At Home Apartments, St. Paul Date: 9-9-26 Download CRV Keep exploring this topic Twin Cities apartment sales muted in Q2 Just Sold: Trautz Properties buys Maple Grove retail center for $7.8M Just Sold: Mad Dog Products buys Chanhassen facility for expansion

Article date: 2026-09-11T18:50:04+00:00

Quick answers

Who bought Cleveland Avenue Apartments?
D&B Cleveland Terrace LLC bought Cleveland Avenue Apartments in St. Paul, Minneapolis, according to Finance & Commerce.
How much did Cleveland Avenue Apartments sell for?
The reported price is $4.5M, per Finance & Commerce.
How big is Cleveland Avenue Apartments?
50 units, as listed from the source.
When was this sale reported?
Reported Sep 11, 2026 by Finance & Commerce.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.