Press Releases
Marcus & Millichap Brokers Sale of 72-Unit Apartment Property in Kentucky for $3.8M
November 13, 2024
GLASGOW, Ky., Nov. 13, 2024 – 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 Hillview Apartments, a 72-unit apartment property located in Glasgow, Kentucky. The property sold for $3,825,000.
Zack Hubiak, investment specialist in Marcus & Millichap’s Nashville office, had the exclusive listing to market the property on behalf of the seller, and procured the buyer. Grant Fitzgerald, Broker of Record in Kentucky, assisted in closing the transaction.
Located at 200 Shalimar Drive, Hillview Apartments offers a mix of one- and two-bedroom units across 54,400 rentable square feet. Built in 1974, the property spans 4.8 acres in Glasgow and is positioned between the high-growth markets of Nashville and Louisville.
Zack Hubiak, investment specialist in Marcus & Millichap’s Nashville office, had the exclusive listing to market the property on behalf of the seller, and procured the buyer. Grant Fitzgerald, Broker of Record in Kentucky, assisted in closing the transaction.
Located at 200 Shalimar Drive, Hillview Apartments offers a mix of one- and two-bedroom units across 54,400 rentable square feet. Built in 1974, the property spans 4.8 acres in Glasgow and is positioned between the high-growth markets of Nashville and Louisville.
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About Marcus & Millichap, Inc. (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, 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 clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.
