The James-Myers Multifamily Team of Marcus & Millichap Announces the Sale of 121 Units in Central Austin
AUSTIN, TEXAS – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Las Palmas, a 121-unit multifamily property located in Austin, Texas, according to J. Michael Watson, Regional Manager of the firm’s Austin office. Kent Myers and Joe James, Senior Associates in Marcus & Millichap’s Austin office, had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer, a private investor, was also secured by Joe James and Kent Myers.
Las Palmas is located at 2409 Town Lake Circle. The property has recently undergone interior and exterior renovations. The two spacious floor plans have been completely remodeled, including plank wood flooring and updated kitchens. Property amenities include a leasing office, centrally located swimming pool, barbecue areas and an on-site laundry facility.