Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Barton Apartments, a 20-unit apartment building in Lake Worth Beach, Florida, for $3.1 million.
“The seller and his family owned the property for more than five decades, and we were honored to help them navigate such a meaningful transition,” said Evan Richardson, first vice president. “The level of interest and competition reflected the unique value of this asset and the continued momentum in the Lake Worth Beach multifamily market.”
Richardson, River Rhoads, Daniel Cunningham, Dillon Majeski and Cory Sanchez, investment specialists in Marcus & Millichap’s Fort Lauderdale office, represented the seller, a local private investor…