SB SouthBoth
3449 Richland Dr
Santa Barbara, CA · Closed March 2005
$1,800,000
Sale Price
8
Units
2.81%
Cap Rate
$225K
Price/Door
Multifamily
Asset Type
Transaction details
3449 Richland Drive in Santa Barbara, California, an 8-unit apartment property, sold in March 2005 for $1,800,000 ($225,000 per unit). The Golis Team at Radius Commercial Real Estate represented both the buyer and 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
- 3449 Richland Dr, Santa Barbara
- Close Date
- March 2005
- Sale Price
- $1,800,000
- Units
- 8
- Cap Rate
- 2.81%
- Asset Type
- Multifamily
- Role
- Both
- Submarket
- Santa Barbara South County
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