MARCUS & MILLICHAP BROKERS $7.6M SALE OF MULTIFAMILY COMMUNITY

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HYATTSVILLE, MD. — Marcus & Millichap has arranged the $7.6 million sale of Edmonton Station, a 119-unit apartment community located in Hyattsville, about seven miles northeast of Washington, D.C. The apartment community is located at 5360 Quincy St. Edmonton Station was 97 percent occupied at the time of sale. David Weber, Daniel Cunningham, Tal Frydman and Derek Gibbs of Marcus & Millichap represented the seller, a limited liability company, in the transaction. Weber also secured and represented the buyer, a limited liability company.

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