SB NorthBoth
2 Thru 54 Palm Dr
Lompoc, CA · Closed March 2008
$7,100,000
Sale Price
40
Units
4.78%
Cap Rate
$178K
Price/Door
Multifamily
Asset Type
Transaction details
2 Thru 54 Palm Drive in Lompoc, California, a 40-unit apartment property, sold in March 2008 for $7,100,000 ($177,500 per unit). The Golis Team at Radius Commercial Real Estate represented both the buyer and the seller. It is one of 95 sales the team has closed in Santa Barbara North County since 2003, including 2 on Thru 54 Palm Drive.
- Address
- 2 Thru 54 Palm Dr, Lompoc
- Close Date
- March 2008
- Sale Price
- $7,100,000
- Units
- 40
- Cap Rate
- 4.78%
- Asset Type
- Multifamily
- Role
- Both
- Submarket
- Santa Barbara North County
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