
Isla VistaSell-side
6621 Picasso Rd
Isla Vista, CA · Closed December 2009
$3,600,000
Sale Price
18
Units
6.01%
Cap Rate
$200K
Price/Door
Multifamily / Student Housing
Asset Type
Transaction details
6621 Picasso Road in Isla Vista, California, an 18-unit apartment property, sold in December 2009 for $3,600,000 ($200,000 per unit). The Golis Team at Radius Commercial Real Estate represented the seller. It is one of 63 sales the team has closed in Isla Vista since 2005, including 7 on Picasso Road.
- Address
- 6621 Picasso Rd, Isla Vista
- Close Date
- December 2009
- Sale Price
- $3,600,000
- Units
- 18
- Cap Rate
- 6.01%
- Asset Type
- Multifamily / Student Housing
- Role
- Sell-side
- Submarket
- Isla Vista
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