Marcus & Millichap Real Estate Investment Services recently arranged the sale of Town & Country Apartments, a 662-unit apartment complex with a 52-unit self-storage facility onsite, in Urbana, Ill.
The property sold for $34.5 million, equal to $52,115 a unit.
Scott Harris, a senior vice president of investments at Marcus & Millichap’s Chicago Oak Brook office, represented the seller, Axiom Properties. Harris also represented the buyer, Colorado-based Monarch Investment and Management Group.
