325 N M St, Lompoc — 48-unit Multifamily
SB NorthBoth

325 N M St

Lompoc, CA · Closed April 2011

$4,650,000
Sale Price
48
Units
7.12%
Cap Rate
$97K
Price/Door
Multifamily
Asset Type

Transaction details

325 North M Street in Lompoc, California, a 48-unit apartment property, sold in April 2011 for $4,650,000 ($96,875 per unit). The Golis Team at Radius Commercial Real Estate represented both the buyer and the seller. It is one of 95 sales the team has closed in Santa Barbara North County since 2003, including 3 on M Street.

Address
325 N M St, Lompoc
Close Date
April 2011
Sale Price
$4,650,000
Units
48
Cap Rate
7.12%
Asset Type
Multifamily
Role
Both
Submarket
Santa Barbara North County