
SB SouthBuy-side
85 N La Cumbre Rd
Santa Barbara, CA · Closed March 2012
$1,716,667
Sale Price
10
Units
5.1%
Cap Rate
$172K
Price/Door
Multifamily
Asset Type
Transaction details
85 North La Cumbre Road in Santa Barbara, California, a 10-unit apartment property, sold in March 2012 for $1,716,667 ($171,667 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.
- Address
- 85 N La Cumbre Rd, Santa Barbara
- Close Date
- March 2012
- Sale Price
- $1,716,667
- Units
- 10
- Cap Rate
- 5.1%
- Asset Type
- Multifamily
- Role
- Buy-side
- Submarket
- Santa Barbara South County
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
