Marcus & Millichap Arranges The Sale Of A 8-Unit Apartment Building

11/7/16

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Weatherford Fourplex Portfolio, an 8-unit apartment property located in Weatherford, Texas, according to Kyle Palmer, Regional Manager of the firm’s Fort Worth office.

John Barker, First Vice President Investments, Trey McGhin, Associate in Marcus & Millichap’s Fort Worth office and Ron Hebert, Vice President Investments in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust. The buyer, a private investor, was secured and Mr. Barker and Mr. McGhin.

Weatherford Fourplex Portfolio is located at Sunburst Court & Lindas Creek in Weatherford, Texas seated 25 miles west of Fort Worth on Interstate 20. The subject property is two multifamily properties built in 2008 and 2009, each consisting of four units.

About Marcus & Millichap (NYSE: MMI)

With over 1,600 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 8,700 transactions in 2015 with a value of approximately $37.8 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com

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