Sack Properties Acquires Multifamily Property In San Rafael For $58M

The multifamily property located at 155 Andersen Drive in San Rafael has been sold in a recent transaction. The property consists of 126 units and was sold for a total price of $58,000,000, resulting in an average price per unit of $460,317. The sale took place on 08/08/2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $58,000,000
• Address: 155 Andersen Drive, San Rafael
• Market: San Rafael

Sack Properties, represented by Kirby Sack, acquired the property from Bel Albert Holdings. Kirby Sack acted as the buyer's representative in this transaction.