MARCUS & MILLICHAP ARRANGES THE SALE OF A 11-UNIT APARTMENT BUILDING

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of 4th and 6th Avenue Townhomes, a 11-unit apartment property located in Tucson, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $1,455,000.

Hamid Panahi and James K. Crawley, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

4th and 6th Avenue Townhomes is located at 2320-2380 North 4th Avenue; 1615 North 6th Avenue in Tucson, AZ.

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