Marcus & Millichap brokers sale of 206-unit Shoaff Park Villas apartments in Fort Wayne, Indiana
- Marcus & Millichap brokered the sale of Shoaff Park Villas, a 206-unit multifamily property in Fort Wayne, Indiana.
- Illinois-based investor with a regional portfolio in northern Indiana and southern Michigan acquired the asset.
- Buyer plans larger-scale interior renovations to target rental growth tied to population gains and affordability dynamics.
- Property last traded in 1976, held by the same family for about 50 years.
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