MARCUS & MILLICHAP BROKERS SALE OF ASBURY PARK APARTMENTS

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HOUSTON — Marcus & Millichap has brokered the sale of Asbury Park Apartments, a 228,452-square-foot multifamily community located in Houston. Situated on 10 acres of land at 6200 W. Tidwell Rd., the property had a 90 percent occupancy rate at the time of closing. Robert Su of Marcus & Millichap’s Houston office represented the seller, a Charlotte, N.C.-based company. Asbury Park was acquired by a Phoenix-based investor.

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