Burnsville Meridian Pointe Apartments sold for $63M
Meridian Pointe Apartments, a 339-unit complex in Burnsville (Dakota County), was sold in a $63 million transaction to a New York–based multifamily real-estate buyer, the Minneapolis / St. Paul Business Journal reported on Oct. 9, 2025. The deal transfers ownership of a large metro rental property and could affect management, rents, or operations for the hundreds of tenants who live there.
Business & Economy
Housing
📌 Key Facts
- The property is a 339-unit apartment complex in Burnsville.
- Sale price reported at $63 million.
- Buyer described as a New York–based multifamily real-estate investor (unnamed in the report); article published Oct. 9, 2025.
📚 Contextual Background
- Weidner purchased a downtown Minneapolis apartment building for $77,000,000.