Marcus & Millichap Sells 23-Unit Multifamily Asset in Phoenix

Marcus & Millichap, a commercial real estate investment services firm with offices throughout the United States and Canada, announces the sale of Biltmore Courtyard, a 23-unit apartment property located in Phoenix. The asset commanded a sales price of $1.725 million, or $75,000 per unit. Brian Tranetzki and Rich Butler, multifamily investment specialists in Marcus &…