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Olympus Property Acquires Multifamily Property In Chula Vista From Homefed Corp For $122.5M

Property Image
SOLD
$122,500,000

California

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MultiFamily
Sold 01/09/2023
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Property Image
SOLD

Olympus Property Acquires Multifamily Property In Chula Vista From Homefed Corp For $122.5M

1925 Avenida Escaya

See Similar Deals
MultiFamily
Sold 01/09/2023
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

Olympus Property has acquired a multifamily property located at 1925 Avenida Escaya in Chula Vista. The property consists of 272 units and was sold by Homefed Corp. The transaction took place on January 10, 2023, with a sale price of $122,500,000. With an average price per unit of $450,368, this acquisition represents a significant investment in the Chula Vista market.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $122,500,000
  • Units: 272
  • Price Per Unit: $450,368
  • Buyer: Olympus Property - Chandler Wonderly
  • Seller: Homefed Corp

Chandler Wonderly, representing Olympus Property, played a key role in the acquisition of this multifamily property in Chula Vista. This transaction highlights the continued growth and investment opportunities in the area.

Players

Chandler Wonderly
Olympus Property
Chandler Wonderly
4 deals$332M volume
BUYER
HC
HomeFed Corp.
SELLER

Details

SOLD
IMAGE: Chandler Wonderly DATE: 01/10/2023 ADDRESS: 1925 Avenida Escaya MARKET: Chula Vista ASSET TYPE: Multifamily BUYER: Olympus Property (@OlympusProperty) - Chandler Wonderly SELLER: Homefed Corp SALE PRICE: $122,500,000 UNITS: 272 ~ PPU: $450,368

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