Oxnard Portfolio Investment LP Purchases Multifamily Asset From Daniel Manzer For $6.97M

The asset involved in the transaction is a multifamily property located at 2951-3011 Albany Drive in Oxnard. The sale was finalized for a price of $6,971,057, comprising 32 units within a total square footage of 29,492. The price per unit equates to $217,845, while the price per square foot stands at $236.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $6,971,057
• Units: 32
• Square Footage: 29,492
• Price Per Unit: $217,845
• Price Per Square Foot: $236
• Seller: Daniel Manzer
• Buyers: Jerry Marcil, Mason Rowland & Ryan Rembert - Oxnard Portfolio Investment LP
• Seller's Representative: Nick Henry - Beachside Partners
• Buyer's Representatives: Mason Rowland & Ryan Rembert - KW Commercial

The transaction involved notable individuals, with Daniel Manzer acting as the seller. The buyer group included Jerry Marcil alongside Mason Rowland and Ryan Rembert, representing Oxnard Portfolio Investment LP. Nick Henry served as the representative for the seller, while the buyer was represented by Mason Rowland and Ryan Rembert from KW Commercial.