Isla VistaBoth
6626 Picasso Rd
Isla Vista, CA · Closed August 2006
$10,225,000
Sale Price
55
Units
4.24%
Cap Rate
$186K
Price/Door
Multifamily / Student Housing
Asset Type
Transaction details
6626 Picasso Road in Isla Vista, California, a 55-unit apartment property, sold in August 2006 for $10,225,000 ($185,909 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
- 6626 Picasso Rd, Isla Vista
- Close Date
- August 2006
- Sale Price
- $10,225,000
- Units
- 55
- Cap Rate
- 4.24%
- Asset Type
- Multifamily / Student Housing
- Role
- Both
- Submarket
- Isla Vista
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