ColRich Acquires Multifamily Property In Escondido, CA For $86M

The multifamily property located at 1051 W El Norte Pkwy in Escondido, CA has been sold for a total price of $86,000,000. The transaction took place on 12/05/2022 and involved 236 units, resulting in a price per unit of $364,407. The property was acquired by ColRich from the seller GW Williams.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $86,000,000
• Units: 236
• Price Per Unit: $364,407
• Buyer: ColRich
• Seller: GW Williams
• Brokers: Hunter Combs, Mark Grace & John Montakab - Walker & Dunlop
• Date: 12/05/2022
• Address: 1051 W El Norte Pkwy, Escondido, CA

The deal was facilitated by the brokers Hunter Combs, Mark Grace, and John Montakab from Walker & Dunlop. They represented the buyer and seller in the transaction, ensuring a smooth and successful deal for both parties involved.