SB SouthBoth
203 Ladera St
Santa Barbara, CA · Closed June 2011
$4,650,000
Sale Price
29
Units
5.25%
Cap Rate
$160K
Price/Door
Multifamily
Asset Type
Transaction details
203 Ladera Street in Santa Barbara, California, a 29-unit apartment property, sold in June 2011 for $4,650,000 ($160,345 per unit). The Golis Team at Radius Commercial Real Estate represented both the buyer and the seller. It is one of 231 sales the team has closed in Santa Barbara South County since 2003, including 3 on Ladera Street.
- Address
- 203 Ladera St, Santa Barbara
- Close Date
- June 2011
- Sale Price
- $4,650,000
- Units
- 29
- Cap Rate
- 5.25%
- Asset Type
- Multifamily
- Role
- Both
- Submarket
- Santa Barbara South County
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