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OhioMultifamily

Marcus & Millichap closes sale of 200-unit apartment community in Toledo

Staff Writer April 2, 2017
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Marcus & Millichap recently arranged the sale of Quail Hollow at the Lakes, a 200-unit apartment community in the Toledo, Ohio, suburb of Holland.

The $15.3 million sales price equates to $76,500 per unit.

Michael Barron, Daniel Burkons and Joshua Wintermute in Marcus & Millichap’s Cleveland office had the exclusive listing to market the property on behalf of the seller. The team also procured the buyer from a highly competitive field in which 16 offers were submitted.

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