Marcus & Millichap Arranges The Sale Of An 83-Site Waterfront Rv Park
MALAKOFF, TEXAS, May 12, 2022 – 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 Shiloh on the Lake RV Park, an 83-site RV Park located on Cedar Creek Lake in Malakoff, Texas.
“We established a relationship with Bill Warren nearly two years ago as he helped us on an ongoing basis before we decided to sell the property, the seller stated. “We liked his respectful consistency and noticed he was extremely active in the RV market. He secured an experienced and qualified buyer, who closed at a price we were happy with. We were extremely impressed with his and The Denninger’s capabilities in getting this park sold in a timely manner.”
Robert Denninger, Senior Vice President, and Bill Warren, Associate, in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured by Mr. Denninger and Mr. Warren.
Shiloh on the Lake RV Park is located at 14638 Travis Pkwy in Malakoff, Texas.
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About Marcus & Millichap (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 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 clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.