Marcus & Millichap closed the sale of Oak Forest, a 30-unit apartment property in Fairborn, Ohio. The asset sold for $1.6 million or $53,333 a unit.
Aaron Kuroiwa and Tony Rogers, investment specialists in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by Kuroiwa and Rogers.
Michael Glass, Ohio broker of record, assisted in closing this transaction.
Oak Forest is located at 145 Oak St. in Fairborn.