Marcus & Millichap Brokers $6.65M Sale of 81-Unit Multifamily Portfolio in Grand Rapids, Michigan

Reuters
07-31
Marcus & Millichap Brokers $6.65M Sale of 81-Unit Multifamily Portfolio in Grand Rapids, Michigan

Marcus & Millichap Inc., a leading commercial real estate brokerage firm, announced the successful brokerage of an 81-unit multifamily portfolio in the Grand Rapids, Michigan MSA, sold for $6.65 million. The transaction underscores the strong investor interest in the Grand Rapids market, known for its robust demographics and stable rental demand. The portfolio, consisting of 53 units in Wyoming, Michigan, and 28 units in Holland, Michigan, was acquired by an active investor represented by Lighthouse PM. The buyer plans to renovate the properties and enhance the community. The sale was facilitated by Marcus & Millichap's investment specialists Aaron Kuroiwa and Austin Meeker.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on July 29, 2025, and is solely responsible for the information contained therein.

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