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DESOTO, TEXAS — Marcus & Millichap has brokered the sale of Franklin Park of Desoto, a 240-unit, age-restricted multifamily community for residents 55 and older in Desoto, a southern suburb of Dallas. Built in 2009, the property consists of 31 buildings across 22 acres. Amenities include walking trails, a media room, resort-style pool and an outdoor fireplace. Rod Llanos and Doug O’Toole of Marcus & Millichap represented the seller in the transaction. Will Balthrope and Jennifer Campbell of Institutional Property Advisors (IPA), a division of Marcus & Millichap, procured the buyer. Both buyer and seller are based in Texas but requested anonymity.