Three-Property Multifamily Portfolio in Walnut Creek Sells for $55.6MM

WALNUT CREEK, Calif., May 26, 2020 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announces the sale of three boutique, value-add apartment properties totaling 150 unitsin Walnut Creek, California. The portfolio sold for a combined sales price of $55.6 million, representing an average price of approximately $371,000 per unit. The properties included are The Pines, 120 units; […]