Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, has successfully arranged the sale of a 49-unit multifamily property portfolio in Muncie, Indiana, for $3.7 million. Announced on July 24, 2025, the transaction includes Randy's Court and Streeter Court Apartments, located in Muncie's north of the river submarket. The acquisition by Deed Holdings - 5050, LLC is part of a strategic expansion to enhance operational efficiency in the area. The properties, built in 1978 and 1994, offer a mix of unit types and present significant investment potential. The sale was managed by Marcus & Millichap's Aaron Kuroiwa and Austin Meeker, representing the seller, Streeter25, LLC.
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