Press Release brought to you by Marcus & Millichap

Marcus & Millichap Arranges the Sale of a 42-Unit Apartment Building

11/03/2015


BEAUMONT, Texas, October 12, 2015– Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Jefferson House, a 42-unit apartment property located in Beaumont, according to David H. Luther, first vice president/regional manager of the Marcus & Millichap‘s Houston office. The asset has a list price of $1,900,000.

Jeffrey Fript, a vice president investments and Christian Mazzini, an associate in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a developer.  The buyer, a limited liability company, was also secured and represented by Mazzini and Fript.  

Jefferson House is located at 2450 West Lucas in Beaumont.
 

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About Marcus & Millichap (NYSE: MMI)

With nearly 1,500 investment professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 7,600 transactions in 2014 with a value of approximately $33.1 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com

 

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10/12/2015 - 17:00

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Marcus & Millichap

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