Marcus & Millichap Inc.

10/02/2025 | Press release | Distributed by Public on 10/02/2025 13:22

Marcus & Millichap Arranges Sale of 105-Unit Multifamily Property in Irving, Texas

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Marcus & Millichap Arranges Sale of 105-Unit Multifamily Property in Irving, Texas

October 02, 2025
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IRVING, Texas, Oct. 2, 2025 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Oak Park, a 105-unit multifamily property in Irving, Texas.

"This transaction marks the first time Oak Park has changed hands in over two decades," said Bard Hoover, senior managing director investments. "The buyer plans to implement a comprehensive value-add program, and with Irving's steady fundamentals and strong demand for workforce housing, the property is well-positioned for long-term success."

Hoover and Nick Fluellen, investment specialists in Marcus & Millichap's Dallas office, had the exclusive listing to market the property on behalf of the seller, David Yilmaz Living Trust, and procured the buyer, Gabe Craft and Aaron Katz.

Oak Park is located at 2800 W. Pioneer Drive and comprises 105 units across 84,614 rentable square feet. Built in 1970, the property offers a mix of studio, one- and two-bedroom apartments on 3.32 acres. It is positioned less than a mile south of Highway 183, with convenient access to Loop 12 to the east and President George Bush Turnpike to the west.

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About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.

Marcus & Millichap Inc. published this content on October 02, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 02, 2025 at 19:22 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]