James-Myers Multifamily Team Arranges the Sale of a 36-Unit Apartment Property

AUSTIN, TEXAS  – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Willowrun Apartments, a 36-unit, South Austin apartment property located at 3414 Willowrun Drive in Austin, Texas, according to J. Michael Watson, Vice President/Regional Manager of the firm’s Austin and San Antonio offices.

Joe James, Kent Myers and J. Patrick Burke of the James-Myers Multifamily team in Marcus & Millichap’s Austin office had the exclusive listing to market the property on behalf of the seller, a private investor.  The buyer, a Texas-based limited liability company, was also secured by James, Myers and Burke.

Willowrun Apartments consists of nine fourplex buildings, each with two one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units.

For additional investment information, please contact:

Joe James | jjames@marcusmillichap.com | 512-338-7852

Kent Myers | kmyers@marcusmillichap.com | 512-338-7853

Follow us on Twitter @JamesMyersMF for the latest market news and activity.

The James-Myers Multifamily Team of Marcus & Millichap participated in the sale of 22 transactions in 2012 totaling over 3,000 units and more than $123 Million in sales across Texas.  Contact us for acquisitions, dispositions, property evaluations or market information for your Texas apartments.

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