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MARCUS & MILLICHAP BROKERS $1.88 MILLION APARTMENT SALE

PHILADELPHIA — Marcus & Millichap has brokered the sale of Michner Court Apartments, a 33-unit multifamily property located at 9400-9430 Roosevelt Blvd. in Philadelphia, for $1.88 million. the property comprises a mix of one- and two-bedroom units and was 95 percent occupied at the time of closing. Kenneth Wellar of Marcus & Millichap’s Philadelphia office represented the buyer, a local investor, as well as the seller, a Pennsylvania-based limited partnership.

Content Partners
‣ Arbor Realty Trust
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‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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