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Pacific Urban Investors Acquires Multifamily Property In Fremont For $127M

Property Image
SOLD
$127,000,000

California

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MultiFamily228,624 SF
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Property Image
SOLD

Pacific Urban Investors Acquires Multifamily Property In Fremont For $127M

39800 Fremont Boulevard, Fremont, California 94538, United States

See Similar Deals
MultiFamily228,624 SF
Sold
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$555
Total Square Footage:228624 SF
Transaction Type:Sale

The multifamily property located at 39800 Fremont Blvd. in Fremont was recently sold for a total of $127,000,000. The property consists of 246 units, and the price per unit (PPU) amounts to $516,260.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $127,000,000
  • Units: 246
  • Price per Unit (PPU): $516,260

Pacific Urban Investors, represented by Alfred Pace, acted as the buyer in this transaction.

Players

Alfred Pace
11 deals$1.2B volume
BUYER

Details

SOLD
IMAGE: Alfred Pace DATE: 05/16/2022 ADDRESS: 39800 Fremont Blvd. MARKET: Fremont ASSET TYPE: Multifamily BUYER: Pacific Urban Investors - Alfred Pace SALE PRICE: $127,000,000 UNITS: 246 ~ PPU: $516,260

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Debt Service Coverage Ratio (DSCR)

0.94x

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