Christine Lundy Of Step Up Housing Acquires Woodchase Apartments In San Leandro For $47.4M

A multifamily property located at 2795 San Leandro Boulevard in the San Leandro market has been sold for a price of $47,400,000. The property, known as Woodchase Apartments, consists of 186 units and has a price per unit of $254,839.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $47,400,000
• Address: 2795 San Leandro Boulevard
• Market: San Leandro
• Units: 186
• Price Per Unit: $254,839
• Buyer: Christine Lundy - Step Up Housing
• Broker: Institutional Property Advisors
• Lenders: Align Finance Partners & Sack Capital Partners

Sack Capital Partners and Align Finance Partners facilitated structured financing for Step Up Housing’s acquisition of the property, with Sack Capital also providing asset and property management services. Institutional Property Advisors acted as the representative for the undisclosed seller in this transaction.