Harrison Street Apartments Sold For $11.7 Million In Redwood City With Financing Arranged By David Campbell

The Harrison Street Apartments is a 22-unit multifamily property located at 150 Harrison Avenue in Redwood City. The property was sold for $11.7 million, with a price per unit of $531,818.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $11,700,000
• Units: 22
• Price Per Unit: $531,818
• Brokers: Adam Richardson, Adam Levin, and Robert Johnston - Marcus & Millichap
• Mortgage Broker: David Campbell - Marcus & Millichap Capital Corporation
• Acquisition Financing: $6,000,000
• Loan Term: 30 years

Adam Richardson, Adam Levin, and Robert Johnston facilitated the transaction through their representation of the seller, while David Campbell arranged the financing required for the buyer, securing a 30-year loan.