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

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.