EAGLE MEADOWS COMPLEX IN DELAWARE SELLS FOR $23.2M

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DOVER, DEL. — New York-based Morgan Eagle Meadows, LLC, has purchased the 298-unit Eagle Meadows, a 352,202-square-foot multifamily complex located at 4666 Carolina Ave. in Dover, for $23.2 million. The complex features a fitness center, walking trails, playgrounds, a lighted basketball court and a fenced dog park. Victor Nolletti and Steve Witten of Institutional Property Advisors (IPA), a multifamily brokerage division of Marcus & Millichap, and Michael Early and Mark Thomson of Marcus & Millichap represented the seller, El Paso, Texas-based Hunt Cos., and Noletti, Early and Witten represented Morgan Eagle Meadows.

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