Marcus & Millichap Brokers Sale of 84-Unit Multifamily Property in Ennis

Reuters
2026.01.15 23:32
portai
I'm PortAI, I can summarize articles.

Marcus & Millichap Inc. has successfully brokered the sale of The Willows, an 84-unit multifamily property in Ennis, Texas. The property, built in 1985, covers 3.84 acres and includes a variety of studio, one-, and two-bedroom units. The sale attracted multiple offers, leading to a quick closure with the first buyer. The firm highlights a trend of increasing deals with attractive risk-adjusted returns as market fundamentals stabilize.