Marcus & Millichap Brokers Sale of 105-Unit Monterrey Apartments in Fort Worth
FORT WORTH, TEXAS — Marcus & Millichap has brokered the sale of The Monterrey, a 105-unit apartment community in Fort Worth. The property was built in 1968 and is located on the city’s southwest side. Al Silva of Marcus & Millichap represented the seller, locally based investment firm Napali Capital, in the transaction. Silva and Dan Mullen, also with Marcus & Millichap, procured the buyer, a Dallas-based limited liability company. The asset drew 13 offers during a four-week marketing period.