Steven Scott Management, Inc., a Minnesota-based regional developer and apartment management firm, acquired the Hillside East apartment building at 369-395 Old Hwy 8 SW in New Brighton, MN from Sidal Realty Company for $7.28 million, or about $67,000 per unit.

Built in 1964, the low-rise multifamily property totals 75,274 square feet and contains 108 units ranging from one to three bedrooms. It was fully leased at time of sale.

Kevin Doyle and…

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