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NEWARK, OHIO — Franktown, Colo.-based MIMG XXIII McMillen Woods LLC has acquired McMillen Woods, a multifamily property located at 95 S. Westmoor Ave. in Newark, for $16.4 million. Built in phases from 1976 through 1990, the 391-unit property features two studio units, 38 one-bedroom units, 187 two-bedroom units and 164 three-bedroom units. Mark Rohr and Eric Taylor of Hendricks & Partners' Michigan office represented the seller, Newark-based McMillen Woods LLC, in the transaction.