Marcus & Millichap Real Estate Investment Services recently closed the sale of Raintree Apartments, a 184-unit apartment complex in Topeka, Kan.
The property sold for $5.15 million.
Alex Blagojevich, senior associate in Marcus & Millichap’s Tampa office, and David Gaines, vice president of investments in the firm’s Chicago office, had the exclusive listing to market the property for the seller, a limited liability company based in California.
Raintree Apartments was built in 1947 and is 95-percent occupied.
© 2017 Real Estate Communications Group. Duplication or reproduction of this article not permitted without authorization from the Real Estate Publishing Group. For information on reprint or electronic pdf of this article contact Mark Menzies at 312-644-4610 or email@example.com