Marcus & Millichap Sells A Six-Unit Apartment Building

SAN FRANCISCO, CA, March 5, 2012 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of a six-unit apartment property located in San Francisco, CA, according to Jeffrey M. Mishkin, FVP/Regional Manager of the firm’s San Francisco office. The asset commanded a sales price of $1,400,000.
The buyer, a private investor, was secured and represented by Brad Lagomarsino and James Devincenti, investment specialists in Marcus & Millichap’s San Francisco office.

The property is located at 225 11th Avenue, San Francisco, CA.  The unit-mix consists of six, one-bedroom/one-bath units.  The property was constructed in 1927.
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With more than 1,200 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 4,302 transactions in 2010, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.

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