SB SouthBuy-side
411 E Micheltorena St
Santa Barbara, CA · Closed October 2016
$2,295,000
Sale Price
6
Units
3.72%
Cap Rate
$383K
Price/Door
Multifamily
Asset Type
Transaction details
411 East Micheltorena Street in Santa Barbara, California, a 6-unit apartment property, sold in October 2016 for $2,295,000 ($382,500 per unit). The Golis Team at Radius Commercial Real Estate represented the buyer. It is one of 231 sales the team has closed in Santa Barbara South County since 2003, including 9 on Micheltorena Street.
- Address
- 411 E Micheltorena St, Santa Barbara
- Close Date
- October 2016
- Sale Price
- $2,295,000
- Units
- 6
- Cap Rate
- 3.72%
- Asset Type
- Multifamily
- Role
- Buy-side
- Submarket
- Santa Barbara South County
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