Pacific Urban Residential Acquires Multifamily Property In Poway, CA For $42M

The multifamily property located at 13656 Hilleary Place in Poway, CA, has been sold for a total of $42,000,000. The sale was finalized on 10/20/2022. The property consists of 107 units, translating to a price per unit of $392,523. The buyer in this transaction was Pacific Urban Residential, while the seller was GW Williams. The deal was brokered by Hunter Combs from Walker & Dunlop, representing both parties.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $42,000,000
• Address: 13656 Hilleary Place, Poway, CA
• Market: Poway, CA
• Units: 107
• Price Per Unit: $392,523

Assisting with the mortgage arrangements for this transaction were Chris Botsford and Jeff Burns from Walker & Dunlop.