SB NorthBoth
240 W Pine Ave
Lompoc, CA · Closed November 2005
$3,600,000
Sale Price
48
Units
3.18%
Cap Rate
$75K
Price/Door
Multifamily
Asset Type
Transaction details
240 West Pine Avenue in Lompoc, California, a 48-unit apartment property, sold in November 2005 for $3,600,000 ($75,000 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.
- Address
- 240 W Pine Ave, Lompoc
- Close Date
- November 2005
- Sale Price
- $3,600,000
- Units
- 48
- Cap Rate
- 3.18%
- Asset Type
- Multifamily
- Role
- Both
- Submarket
- Santa Barbara North County
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