MARCUS & MILLICHAP COMPLETES 357-UNIT APARTMENT SALE

by admin

DALLAS — Marcus & Millichap has completed the sale of Villas at Montierra, a 357-unit apartment community located in Dallas. The property is located at 1721 John West Rd. It was built in 1984 and renovated in 2007. Nick Fluellen and Will Tolliver of Marcus & Millichap's Dallas office represented the seller, The Bascom Group. George Miller of Marcus & Millichap's Seattle office represented the buyer, a California-based private investor. Alex Inman of the Dallas office of Marcus & Millichap Capital Corp. arranged financing for the acquisition. The purchase price was not disclosed.

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