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Marcus & Millichap Arranges Sale of Two Louisiana Multifamily Properties Totaling 462 Units

BATON ROUGE AND NATCHITOCHES, LA. — Marcus & Millichap has arranged the sale of two multifamily properties totaling 462 units in Louisiana: Magnolia Trace in Baton Rouge and The Melrose in Natchitoche

Marcus & Millichap Arranges Sale of Two Louisiana Multifamily Properties Totaling 462 Units
Photo: REBusinessOnline

Summary

BATON ROUGE AND NATCHITOCHES, LA.

— Marcus & Millichap has arranged the sale of two multifamily properties totaling 462 units in Louisiana: Magnolia Trace in Baton Rouge and The Melrose in Natchitoches.

John Hamilton and Jessica Thompson of Marcus & Millichap marketed the properties on behalf of the undisclosed sellers. Further details of the transaction were also not disclosed. Situated near Louisiana State University (LSU), Magnolia Trace spans 36 residential buildings and features 246 apartme

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