Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a five-property, 231-unit multifamily portfolio in Texarkana, Texas. The Texarkana Portfolio includes Isabella Acres, Hidden Brook Apartments, Pecan Haven, Park Villa Apartments, and Gardens at Wake Village.
Matt Aslan, a multifamily investment specialist in Marcus & Millichap’s Dallas office and leader of the Secondary Markets Team, exclusively listed and marketed the property on behalf of the seller, successfully closing with the first buyer in escrow. The escrow process went exceptionally smooth with the seller noting, “It was fantastic working with Matt Aslan. His professionalism and marketing expertise were crucial in getting us across the finish line.”
Marcus & Millichap, Inc. (NYSE: MMI) is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of December 31, 2023, the Company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company also offers market research, consulting and advisory services to our clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion.