Marcus & Millichap Brokers Sale of 211-Unit Kenwood Heights Apartments in Corsicana, Texas
CORSICANA, TEXAS — Marcus & Millichap has brokered the sale of Kenwood Heights, a 211-unit apartment community in Corsicana, about 65 miles south of Houston. The property was primarily built in the 1980s and spans 51 buildings. Al Silva and Ford Braly of Marcus & Millichap represented the seller, Canada-based Republic Funds, in the transaction. The duo also procured the buyer, a Texas-based limited liability company that plans to implement a value-add program.