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Marcus & Millichap Negotiates Sale of 108-Unit Red Oak Apartments in Fort Worth

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Red Oak Apartments in Fort Worth totals 108 units. The property was built in 1969 and renovated in 1993.

FORT WORTH, TEXAS — Marcus & Millichap has negotiated the sale of Red Oak, a 108-unit apartment community in Fort Worth. The property was built in 1969, renovated in 1993 and offers studio, one-, two-, three- and four-bedroom units. Nick Fluellen, Bard Hoover and Wesley Racht of Marcus & Millichap represented the seller, a private investors, in the transaction. George Miller, also with Marcus & Millichap, secured the buyer, a limited liability company that acquired the asset via a 1031 exchange.

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