3442 Richland Dr, Santa Barbara — 7-unit Multifamily
SB SouthBuy-side

3442 Richland Dr

Santa Barbara, CA · Closed October 2005

$1,550,000
Sale Price
7
Units
4.56%
Cap Rate
$221K
Price/Door
Multifamily
Asset Type

Transaction details

3442 Richland Drive in Santa Barbara, California, a 7-unit apartment property, sold in October 2005 for $1,550,000 ($221,429 per unit). The Golis Team at Radius Commercial Real Estate represented the buyer. It is one of 231 sales the team has closed in Santa Barbara South County since 2003, including 3 on Richland Drive.

Address
3442 Richland Dr, Santa Barbara
Close Date
October 2005
Sale Price
$1,550,000
Units
7
Cap Rate
4.56%
Asset Type
Multifamily
Role
Buy-side
Submarket
Santa Barbara South County