6/26/2008Marcus & Millichap lists 10-property portfolio for $242.95M
by Marcus & Millichap has been hired to market and sell the Premier EPM Portfolio, a collection of 2,704 apartment units in three states with an asking price of $242.95 million.
Matthew Friedman, Colin Atkinson, Daniel Goaley and Elliot Hollander are representing the seller, Empire Corporate America.
The properties, which are being offered as a portfolio or separately, were built in phases between 1997 and 2007. They are located in Indianapolis and Fort Wayne, Ind., Omaha, Neb., and Gainesville, Ga.
The portfolio contains the following properties:
- Avon Creek, located at 291 Great Lakes Circle West, Avon, Ind.; 256 units.
- Brownsburg Crossing, located at 1122 Windhaven Circle, Brownsburg, Ind.; 224 units.
- Greenfield Crossing, located at 2011 North East Bay Drive, Greenfield, Ind.; 272 units.
- Saratoga Crossing, located at 4200 Stillwater Blvd., Plainville, Ind.; 240 units.
- Settler's Run, located at 3200 Prairie View Trail, Danville, Ind.; 304 units.
- Reserve at Dawson's Creek, located at 401 Augusta Way, Fort Wayne, Ind.; 274 units.
- Island Club, located at 2302 East Wallen Road, Fort Wayne, Ind.; 272 units.
- The Landings, located at 10215 Cape Cod Landing, Bellevue, Neb.; 240 units.
- The Outlook, located at 2882 Comstock Plaza, Bellevue, Neb.; 330 units.
- Empirian Lanier at Carrington Park, located at 150 Carrington Park Drive, Gainesville, Ga.; 292 units
Size: 2,704 units
Built: 1997-2007
Filed Under: Multi-Family | | |
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