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Marcus & Millichap Arranges Sale Of 13-Unit Apartment Building

July 19, 2021

OAKLAND, CA, July 19, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 411 Euclid, a 13-unit apartment property located in Oakland, CA, according to David C. Nelson, regional manager of the firm’s Oakland office. The asset sold for $5,495,000 or $422,692 per unit.

Stephen P. Jackson, Joe Owens, Cindy Abuyaghi, and Brodie Vogler, investment specialists in Marcus & Millichap’s Oakland office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

For more information on the transaction please contact Stephen Jackson or Joe Owens.

 

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About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.

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