Justin Egerer Sells Multifamily Property In Oxnard For $4.64M With Broker Representation

The property asset involved in this transaction is a multifamily building located at 1200 North H Street in Oxnard. The sale price for the property was $4,642,331. The asset comprises 18 units, offering a price per unit of $257,907, and encompasses a total square footage of 14,695, resulting in a price per square foot of $315. The building was constructed in 1968 and was sold in an off-market transaction.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,642,331
• Units: 18
• Price Per Unit: $257,907
• Square Footage: 14,695
• Price Per Square Foot: $315
• Seller: Justin Egerer
• Buyer's Representative: Mason Rowland - Josh Feldman & Ryan Rembert - Keller Williams Commercial
• Seller's Representatives: Filip Niculete, Glen Scher & Logan Ward - LAAA Team - Marcus & Millichap
• Note: Buyer assumed a 3.45% loan
• Brokerage Position: 2nd time Listing Broker sold this property

This transaction involved key individuals including the seller Justin Egerer, and representatives from Keller Williams Commercial and Marcus & Millichap. The buyer's team consisted of Mason Rowland along with Josh Feldman and Ryan Rembert, while the seller was represented by Filip Niculete, Glen Scher, and Logan Ward of the LAAA Team.