CRE i Ohio

Marcus & Millichap closes sale of 204-unit apartment community near Dayton

Marcus & Millichap Real Estate Investment Services recently closed the sale of Towne Park Apartments, a 204-unit Class-A Community located in Troy, Ohio. The asset sold for a price of more than $11.2 million.

towneMarcus & Millichap Real Estate Investment Services recently closed the sale of Towne Park Apartments, a 204-unit Class-A Community located in Troy, Ohio. The asset sold for a price of more than $11.2 million.

Michael Barron, Daniel Burkons and Joshua Wintermute of the Barron, Burkons, Wintermute Group in Marcus & Millichap’s Cleveland office had the exclusive listing to market the property on behalf of the seller.

This 201,528-square-foot property built in 2004 contains 204 units on more than 12 acres in Troy, 20 minutes north of Dayton.