Personal Trust Sells 62-Unit Terra Oceanside Apartments In Oceanside For $18.3M

The Terra Oceanside apartments, a multifamily asset, consists of 62 units located at 3964 & 3970 Waring Road in Oceanside. The property was sold for $18,300,000, which translates to a price per unit of $295,161.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $18,300,000
• Units: 62
• Price Per Unit: $295,161
• Address: 3964 & 3970 Waring Road
• Market: Oceanside

The transaction involved a personal trust as the seller and a limited liability company as the buyer. The deal was brokered by Tyler Leeson, Drew Holden, Matthew Kipp, and David Yeh from Marcus & Millichap, representing both sides of the transaction.