SB SouthSell-side
3450 Richland Dr
Santa Barbara, CA · Closed October 2005
$1,935,000
Sale Price
7
Units
3.7%
Cap Rate
$276K
Price/Door
Multifamily
Asset Type
Transaction details
3450 Richland Drive in Santa Barbara, California, a 7-unit apartment property, sold in October 2005 for $1,935,000 ($276,429 per unit). The Golis Team at Radius Commercial Real Estate represented the seller. It is one of 231 sales the team has closed in Santa Barbara South County since 2003, including 3 on Richland Drive.
- Address
- 3450 Richland Dr, Santa Barbara
- Close Date
- October 2005
- Sale Price
- $1,935,000
- Units
- 7
- Cap Rate
- 3.7%
- Asset Type
- Multifamily
- Role
- Sell-side
- Submarket
- Santa Barbara South County
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