The Zupancic Group of Marcus & Millichap Sets Record Price Per Unit for Multifamily Property Across From The Parks at Walter Reed
by Multifamily Biz
WASHINGTON, DC – Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, and advisory services, announced the sale of 6921 Georgia Avenue NW, a 21-unit multifamily property, according to Brian Hosey, district manager of the firm’s Washington, D.C. office.
The Zupancic Group’s deal team executed on the exclusive listing assignment and closed the transaction at $4,300,000, or $204,761 per unit, which easily set a new pricing record for comparable multifamily assets in the Brightwood submarket of NW Washington, D.C. The team’s comprehensive marketing process generated 12 written offers and 28 physical tours of the property.
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