River Oaks Apartments, LLC Acquires Mixed-Use Property In San Jose For $27.8M
California
See Similar DealsRiver Oaks Apartments, LLC Acquires Mixed-Use Property In San Jose For $27.8M
3752 Park Blvd San Diego, CA 92103, USA
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The Hillcrest apartment building, known as Mr. Robinson, located at 3752 Park Boulevard in San Jose, has been sold for $27.8 million. The mixed-use property features 34 apartments along with commercial space. Notable tenants include HOB Coffee and Trust restaurant. The sale price translates to a per unit price of $817,647.
Summary of Transaction Details
- Property Type: Mixed-use
- Transaction Amount: $27,800,000
- Address: 3752 Park Boulevard, San Jose
- Market: San Jose
- Buyer: River Oaks Apartments, LLC
- Seller: Jonathan Segal
- Brokers: Ed Rosen, John Chu & Tyler Sinks - Berkadia
- Units: 34
- Price Per Unit: $817,647
San Diego architect and developer Jonathan Segal successfully sold the Hillcrest apartment building, Mr. Robinson, for $27.8 million. The buyers, River Oaks Apartments, LLC, seized this opportunity to acquire a mixed-use property consisting of 34 apartments and several commercial spaces. Berkadia, represented by Ed Rosen, John Chu, and Tyler Sinks, played a significant role as the broker for this transaction.
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