Marcus & Millichap Leverages Columbia Multifamily Sale for $1.25M

Marcus & Millichap (NYSE: MMI) a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Howell Court Apartments, a 28-unit, 19,600-square-foot apartment complex said Ben Yelm, regional manager and South Carolina broker of record who assisted on the deal.

This property sits in a growing and diverse market with a strong economic foundation in government, education, and insurance. Columbia itself is the second-most populous city in the state with 839,039 residents in the metropolitan statistical area. Not to mention, the property is a short drive from the University of South Carolina, Midlands Technical College, and Columbia College.

Nate McDaniel, William Graves, and Ryan Lipomi worked together to successfully close the transaction.

About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.