Isla VistaBoth
6631 Picasso Rd
Isla Vista, CA · Closed May 2014
$4,625,000
Sale Price
20
Units
5.58%
Cap Rate
$231K
Price/Door
Multifamily / Student Housing
Asset Type
Transaction details
6631 Picasso Road in Isla Vista, California, a 20-unit apartment property, sold in May 2014 for $4,625,000 ($231,250 per unit). The Golis Team at Radius Commercial Real Estate represented both the buyer and the seller. It is one of 63 sales the team has closed in Isla Vista since 2005, including 7 on Picasso Road.
- Address
- 6631 Picasso Rd, Isla Vista
- Close Date
- May 2014
- Sale Price
- $4,625,000
- Units
- 20
- Cap Rate
- 5.58%
- Asset Type
- Multifamily / Student Housing
- Role
- Both
- Submarket
- Isla Vista
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