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Opportunity Housing Group Acquires Multifamily Property In Fairfield For $83.5M

Property Image
SOLD
$83,500,000
Salvatore Saglimbeni
Philip Saglimbeni
+ 1

California

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MultiFamily386,377 SF
Sold 12/22/2021
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Property Image
SOLD

Opportunity Housing Group Acquires Multifamily Property In Fairfield For $83.5M

2100 West Texas Street, Fairfield, California 94533, United States

See Similar Deals
MultiFamily386,377 SF
Sold 12/22/2021
Salvatore Saglimbeni
Philip Saglimbeni
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$216
Total Square Footage:386,377 SF
Transaction Type:Sale

The multifamily property located at 2100 West Texas St. in Fairfield has been sold for a price of $83,500,000. The property consists of 200 units, with a per unit price of $417,500.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $83,500,000
  • Units: 200
  • Price per Unit: $417,500
  • Date: 12/22/2021
  • Address: 2100 West Texas St.
  • Market: Fairfield

The buyer of the property is Opportunity Housing Group, represented by Lauren Seaver and California Statewide Communities Development Authority. The seller is Sares Regis Multifamily Funds. The transaction was facilitated by Salvatore Saglimbeni, Philip Saglimbeni, Stanford Jones, and Alex Tartaglia from Institutional Property Advisors, working with Marcus & Millichap as brokers.

Players

Alex Tartaglia
8 deals$1B volume(650) 391-1815
BROKER

Philip Saglimbeni
Marcus & Millichap
8 deals$1B volume
BROKER

Salvatore Saglimbeni
Marcus & Millichap
10 deals$1.3B volume
BROKER

Stanford Jones
Marcus & Millichap
8 deals$1B volume
BROKER

BUYER


Details

SOLD
IMAGE: Salvatore Saglimbeni, Philip Saglimbeni, Stanford Jones & Alex Tartaglia DATE: 12/22/2021 ADDRESS: 2100 West Texas St. MARKET: Fairfield ASSET TYPE: Multifamily BUYER: Opportunity Housing Group - Lauren Seaver & California Statewide Communities Development Authority SELLER: Sares Regis Multifamily Funds BROKERS: Salvatore Saglimbeni, Philip Saglimbeni, Stanford Jones & Alex Tartaglia (Institutional Property Advisors) - Marcus & Millichap SALE PRICE: $83,500,000 UNITS: 200 ~ PPU: $417,500

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