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OhioCRE

Marcus & Millichap closes sale of 48-unit apartment community in Ohio

Staff Writer April 5, 2017
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Marcus & Millichap Real Estate Investment Services recently completed the sale of Woodgate Apartments, a 48-unit apartment property located in Piqua, Ohio.

The asset commanded a sales price of $1.025 million.

Brian Murphy, an investment specialist in Marcus & Millichap’s Cincinnati office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a limited liability company, was also secured and represented by Brian Murphy.

Woodgate Apartments consists of 48 total units. The property was completely rented at the time of the sale.

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