M&M BROKERS SALE OF 228-UNIT MULTIFAMILY ASSET IN GRAPEVINE

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GRAPEVINE, TEXAS — Marcus & Millichap has brokered the sale of The Courtyards at Mustang, a 228-unit multifamily property in Grapevine, approximately 20 miles northeast of Fort Worth. The apartment community, which was constructed in 1973, includes amenities such as two swimming pools, four laundry facilities, a basketball court and a baseball/soccer field. Located at 2913 Mustang Drive and in close proximity to Highway 26, the asset garnered multiple offers in a marketing period lasting less than 30 days. John Barker of Marcus & Millichap represented the seller, a partnership. Barker also secured the buyer, another partnership.

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