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RACINE, WIS. — Marcus & Millichap has negotiated the $4.5 million sale of Central Park Apartments in Racine. The 48-unit multifamily property is a low-income housing tax credit community that was built in 1967 and renovated from 2013 to 2015. There are 48 two-bedroom units across 45,600 rentable square feet. Eric Bell and Jordan Callaway of Marcus & Millichap represented the seller, a private investor group, and procured the buyer, a private investor. The buyer assumed the in-place Freddie Mac loan, which features an interest rate of 3.07 percent.