Wednesday, November 30, 2011

Marcus & Millichap Sells $8.2 Million Apartment Building in Davis, CA



 DAVIS, CA– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has arranged the sale of Brush Creek Apartments (top left photo), an 80-unit multifamily property located in Davis. The asset commanded a sales price of $8.2 million.

Sunny Gill (lower right photo), a senior associate in Marcus & Millichap’s Sacramento office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a limited liability company, was secured and also represented by Gill. 


Brush Creek Apartments is located at 1333 Arlington Blvd. in West Davis, approximately one mile from the University of California, Davis campus.  Built in 1981, the property includes 36 one-bedroom/one bathroom units, 36 two-bedroom/one bathroom units and eight three-bedroom/two bathroom units.   

“Brush Creek Apartments is positioned for both short- and long-term growth because of the area’s strong demographics and its proximity to UC Davis and key employers,” explains Gill. “The barriers to entry in the Davis market were a key component in the buyer’s pursuit of the asset.”


Contact: Stacey Corso, Public Relations Manager, (925) 953-1716

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