VILLAS OF QUAIL CREEK SELLS IN AUSTIN

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AUSTIN — Villas of Quail Creek, a 172-unit apartment property located at 9036 N. Lamar Blvd. in Austin, has sold to a fund manager secured by Kent Myers and Joe James of Marcus & Millichap's Austin office. Myers and James also represented the seller, a private partnership, in the transaction. Villas of Quail Creek was built in 1983 and consists of 14 contiguous one- and two-story buildings situated on 15.1 acres. Pete Dunn of Marcus & Millichap Capital Corp. provided the financing.

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