Levin Johnston Completes 1031 Exchange with Mountain View Apartment Deal
The Levin Johnston team at Marcus & Millichap directed the $12.1-million acquisition of Alamo Park Apartments, a 33-unit multifamily community in Mountain View, on behalf of a private investor. The acquisition completes a 1031 exchange that began with July’s $5.6-million sale of…
The Levin Johnston team at Marcus & Millichap directed the $12.1-million acquisition of Alamo Park Apartments, a 33-unit multifamily community in Mountain View, on behalf of a private investor. The acquisition completes a 1031 exchange that began with July’s $5.6-million sale of…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine real estate transaction involving a 1031 exchange for a $12.1 million multifamily property, representing ordinary business activity with limited broader market impact or novelty.
Sources
Connect CRE
Levin Johnston Completes 1031 Exchange with Mountain View Apartment Deal
The Levin Johnston team at Marcus & Millichap directed the $12.1-million acquisition of Alamo Park Apartments, a 33-unit multifamily community in Mountain View, on behalf of a private investor. The acquisition completes a 1031 exchange that began with July’s $5.6-million sale of…