Marcus & Millichap keeps busy in Texas

Secures buyer for 400-plus-unit multifamily property

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

Marcus & Millichap facilitated the sale of the 418-unit Williamsburg Apartments in Grand Prairie, Texas.   The value of the transaction was $11 million.   Williamsburg Apartments, which encompasses 335,094 rentable square feet, is located at 2421 S. Carrier Parkway. The community's unit mix includes 197 one-bedroom/one-bath units of 702 square feet; 99 two-bedroom/one-and-a half-bath units of 960 square feet; 92 two-bedroom/two-bath units also at 960 square feet; and 30 efficiency units at 448 square feet.   AIMCO Capital, a wholly owned subsidiary of AIMCO, a Denver-based real estate investment trust, sold the property to Dallas-based ECOM WillMax Williamsburg LLC.   Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage. *** Send a Letter to the Editor for publication.Send a comment or news tip to our newsroom.Please include the headline of the story. ...