Henry Manoucheri's Universe Holdings Acquires Multifamily In Ventura, CA For $12.55M

A multifamily property located at 10829 Del Norte St in Ventura, CA has been sold in a closed transaction. The property consists of 34 units with a total square footage of 34,819. The sale price for the property was $12,550,000, resulting in a price per unit of $369,118 and a price per square foot of $360.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $12,550,000
• Address: 10829 Del Norte St, Ventura, CA
• Units: 34
• Price per Unit: $369,118
• Square Footage: 34,819
• Price per Square Foot: $360

The buyer of the property was Henry Manoucheri from Universe Holdings, while the seller was Spencer Palmer from Montgomery Partners. The deal was facilitated by brokers Jeff Benson and Sam Neumark from Northmarq.