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WOODLYN, PA. — Marcus & Millichap has completed the sale of MacDade Apartments for $7.5 million. The 160-unit community is located at 1400 MacDade Blvd. In Woodlyn. It was approximately 80 percent occupied at the time of closing. Ken Wellar of Marcus & Millichap's Philadelphia office represented the seller and procured the buyer in the short-sale transaction. The buyer assumed CMBS financing as part of the deal. The property traded at a 7.5 percent cap rate.