Marcus & Millichap Brokers Sell Terre Haute Multifamily Property For $50.3M

A multifamily property located at 100 Village Drive in Terre Haute, Indiana, has been sold for a total of $50,300,000. The property consists of 544 units, with a price per unit (PPU) of $92,463. The total square footage of the property is 438,368, with a price per square foot (PPSF) of $115. The sale was facilitated by Aaron Kuroiwa and Austin Meeker, brokers from Marcus & Millichap.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $50,300,000
• Units: 544
• Price per Unit: $92,463
• Square Footage: 438,368
• Price per Square Foot: $115

Aaron Kuroiwa and Austin Meeker, representing Marcus & Millichap, were the brokers involved in this transaction. Their expertise and negotiation skills contributed to the successful sale of this multifamily property in Terre Haute, Indiana.