SB SouthSell-side
170 Magnolia Ave
Goleta, CA · Closed December 2013
$1,085,000
Sale Price
12
Units
5.7%
Cap Rate
$90K
Price/Door
Multifamily
Asset Type
Transaction details
170 Magnolia Avenue in Goleta, California, a 12-unit apartment property, sold in December 2013 for $1,085,000 ($90,417 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, including 2 on Magnolia Avenue.
- Address
- 170 Magnolia Ave, Goleta
- Close Date
- December 2013
- Sale Price
- $1,085,000
- Units
- 12
- Cap Rate
- 5.7%
- Asset Type
- Multifamily
- Role
- Sell-side
- Submarket
- Santa Barbara South County
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