Eric Allen Purchases Multifamily Property At 1755 Evans Avenue From Zac Freehling For $1.782M

The asset involved in this transaction is a multifamily property located at 1755 Evans Avenue in Ventura. The sale price of the property was $1,782,000, encompassing 5 units, which results in a price per unit of $356,400. The total square footage of the property is 2,339, leading to a price per square foot of $761.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,782,000
• Units: 5
• Price Per Unit: $356,400
• Square Footage: 2,339
• Price Per Square Foot: $761
• Buyer: Eric Allen
• Seller: Zac Freehling
• Broker: Zac Freehling - Pacific Partners Real Estate Investments
• Co-Broker: Kaitlin Miller - Berkshire Hathaway HomeServices California Properties

This transaction highlights the involvement of Eric Allen as the buyer, who acquired the property from seller Zac Freehling. The deal was facilitated by brokers Zac Freehling from Pacific Partners Real Estate Investments and Kaitlin Miller from Berkshire Hathaway HomeServices California Properties, emphasizing their roles in this multifamily asset transaction.