Highpoint at Pella, a 100-unit multifamily property located in Pella, has been sold for just over $11 million, according to Northmarq’s Midwest investment sales team led by Parker Stewart, managing director. Northmarq represented the seller, Axiom Equities, in the transaction. The buyer is a local investor, HighPoint Apartments LLC. “Highpoint at Pella has unique characteristics that generated interest from more than 100 investors across the country and ultimately led to nine written offers,” Stewart said in a prepared statement. “Due to Pella Corp.’s global headquarters and several other major employment drivers, there are thousands of people commuting to Pella daily, creating an extremely tight housing market. The [property] had been under the same family ownership since it was built and was very well maintained with strong historical occupancy.” Highpoint at Pella was built in 1999 and includes a 24-hour fitness facility, a swimming pool and grilling stations. Apartment amenities include in-unit washer and dryer, air conditioning, walk-in closets, storage units, and patio/balconies.