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Marcus & Millichap Sells Oxford Pointe Multifamily Complex In Tyler To West Coast Buyer

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SOLD

Texas

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MultiFamily131,233 SF
Sold 05/16/2025
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SOLD

Marcus & Millichap Sells Oxford Pointe Multifamily Complex In Tyler To West Coast Buyer

3100 Texas Highway 31

See Similar Deals
MultiFamily131,233 SF
Sold 05/16/2025
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:131,233 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily apartment complex named Oxford Pointe, located at 3100 State Highway 31 East in Tyler, Texas. The complex encompasses 131,233 square feet and consists of 152 units.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not disclosed
  • Square Footage: 131,233 SF
  • Units: 152
  • Address: 3100 State Highway 31 East
  • Market: Tyler

The sale was arranged by Marcus & Millichap, with brokers Bard Hoover, Matt Aslan, and Nick Fluellen representing the seller and sourcing the buyer, a West Coast entity. The buyer assumed a 3.82% fixed-rate agency loan with six years remaining, and the deal fulfilled 1031 exchange requirements for both parties.

Players

Nick Fluellen
38 deals$8.5M volume(972) 755-5214
BROKER

Bard Hoover
Marcus & Millichap
39 deals$8.5M volume
BROKER

Matt Aslan
Marcus & Millichap
10 deals
BROKER

Details

SOLD
IMAGE: Bard Hoover, Matt Aslan & Nick Fluellen DATE: 05/16/2025 ADDRESS: 3100 State Highway 31 East MARKET: Tyler ASSET TYPE: Multifamily ~ SF: 131,233 ~ UNITS: 152 BROKERS: Bard Hoover, Matt Aslan & Nick Fluellen (@Nick_Fluellen) - Marcus & Millichap (@MarcusMillichapInc) NOTE: Marcus & Millichap arranged the sale of Oxford Pointe, a 152-unit apartment complex in Tyler, TX, to a West Coast buyer who assumed a 3.82% fixed-rate agency loan with six years remaining.The deal fulfilled 1031 exchange requirements for both parties, with Matt Aslan, Nick Fluellen, and Bard Hoover representing the seller and sourcing the buyer.

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