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CBRE Closes $10M Sale Of Courtyard Apartments In Westminster

Property Image
SOLD
$10,000,000

California

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MultiFamily
Sold 06/19/2023
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Property Image
SOLD

CBRE Closes $10M Sale Of Courtyard Apartments In Westminster

13872 La Pat Pl Westminster, CA 92683, USA

See Similar Deals
MultiFamily
Sold 06/19/2023
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Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

Courtyard Apartments at La Pat Place, a 30-unit multifamily community in Westminster, has been sold for $10 million. The property, located at 13872 La Pat Place, offers remodeled units, private patios, and an in-place Ratio Utility Billing System (RUBS) for cost savings.

Summary of transaction details

The sale of Courtyard Apartments at La Pat Place was facilitated by CBRE, with Dan Blackwell and Andrew Boukather representing the parties involved in the deal.

Players

Daniel (Dan) Blackwell
61 deals$439.4M volume(949) 725-8655
BROKER

Andrew Boukather
MBI Equity Partners
11 deals$64.5M volume(949) 809-3629
BROKER

Details

SOLD
IMAGE: Dan Blackwell & Andrew Boukather DATE: 06/19/2023 ADDRESS: 13872 La Pat Place MARKET: Westminster ASSET TYPE: MultiFamily BROKERS: Dan Blackwell (@Multifamilysocal) & Andrew Boukather - CBRE (@CBRE) SALE PRICE: $10,000,000 UNITS: 30 ~ PPU: $333,333 NOTE: CBRE has closed the $10 million sale of Courtyard Apartments at La Pat Place, a 30-unit multifamily community in Westminster. The property features remodeled units, private patios, and an in-place Ratio Utility Billing System (RUBS) for cost savings.

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