Isla VistaBoth
6587 Cervantes Rd
Isla Vista, CA · Closed April 2022
$9,800,000
Sale Price
22
Units
3.1%
Cap Rate
$445K
Price/Door
Multifamily / Student Housing
Asset Type
Transaction details
6587 Cervantes Road in Isla Vista, California, a 22-unit apartment property, sold in April 2022 for $9,800,000 ($445,455 per unit). The Golis Team at Radius Commercial Real Estate represented both the buyer and the seller. It is one of 63 sales the team has closed in Isla Vista since 2005.
- Address
- 6587 Cervantes Rd, Isla Vista
- Close Date
- April 2022
- Sale Price
- $9,800,000
- Units
- 22
- Cap Rate
- 3.1%
- Asset Type
- Multifamily / Student Housing
- Role
- Both
- Submarket
- Isla Vista
Own a building like this one?
Request a free Broker Opinion of Value — current comps, your rent roll, a defensible range.
Request a Free Valuation