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AUSTIN, TEXAS — Marcus & Millichap has completed the sale of Shady Oaks South Apartments, a 238-unit multifamily property located in Austin. The Class B community is situated at 4320 S. Congress Ave. It contains a mix of one- and two-bedroom units and occupancy was 75 percent at the time of the sale. Norman Eastwood of Marcus & Millichap's Dallas office represented the seller, a Houston-based partnership, and procured the buyer, a local private investor. The acquisition price was not disclosed.