SB SouthBoth
117-119 N Milpas St
Santa Barbara, CA · Closed February 2023
$1,650,000
Sale Price
5
Units
3.82%
Cap Rate
$330K
Price/Door
Multifamily
Asset Type
Transaction details
117-119 North Milpas Street in Santa Barbara, California, a 5-unit apartment property, sold in February 2023 for $1,650,000 ($330,000 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 4 on Milpas Street.
- Address
- 117-119 N Milpas St, Santa Barbara
- Close Date
- February 2023
- Sale Price
- $1,650,000
- Units
- 5
- Cap Rate
- 3.82%
- Asset Type
- Multifamily
- Role
- Both
- Submarket
- Santa Barbara South County
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