Marcus & Millichap brokers USD 10.8 million sale of 101-unit senior multifamily property in Willits, California

Marcus & Millichap, Inc.

Marcus & Millichap, Inc.

MMI

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  • Marcus & Millichap brokered the USD 10.8 million sale of Redwood Meadows, a 101-unit active senior apartment property in Willits, California.
  • Deal priced at USD 106,931 per unit; seller was TCC Properties; buyer was Echelon Communities.
  • Property includes land with initial city approval for up to 15 additional units, creating potential expansion upside.


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