5615 Carpinteria Ave, Carpinteria — 28-unit Multifamily
SB SouthSell-side

5615 Carpinteria Ave

Carpinteria, CA · Closed November 2016

$6,500,000
Sale Price
28
Units
4.9%
Cap Rate
$232K
Price/Door
Multifamily
Asset Type

Transaction details

5615 Carpinteria Avenue in Carpinteria, California, a 28-unit apartment property, sold in November 2016 for $6,500,000 ($232,143 per unit). The Golis Team at Radius Commercial Real Estate represented the seller. It is one of 231 sales the team has closed in Santa Barbara South County since 2003.

Address
5615 Carpinteria Ave, Carpinteria
Close Date
November 2016
Sale Price
$6,500,000
Units
28
Cap Rate
4.9%
Asset Type
Multifamily
Role
Sell-side
Submarket
Santa Barbara South County