Justin Seigel & Doug Rickard Acquire Multifamily Property In Venice For $2.6M

Located at 1922 Canal Street & 2006 Canal Street in Venice, this multifamily property recently changed hands in a sale transaction. The property offers a total of 4,136 square feet of space and consists of four units. The sale price for this transaction was $2,600,000, which translates to a price per unit of $650,000. The price per square foot for this transaction was $629.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,600,000
• Units: 4
• Price Per Unit: $650,000
• Square Footage: 4,136
• Price Per Square Foot: $629
• Market: Venice
• Seller's Representatives: Justin Seigel & Doug Rickard - ADR Preferred Business Properties; Karla Cisneros - Nansco Management Inc

The sale of this multifamily property was facilitated by Justin Seigel and Doug Rickard from ADR Preferred Business Properties, along with Karla Cisneros from Nansco Management Inc. Their involvement highlights the important role played by these individuals in representing the seller in this transaction.