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Avanath Capital Management Acquires Multifamily Property In Baldwin Village For $220M

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SOLD
$220,000,000

California

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MultiFamily
Sold 08/10/2022
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Property Image
SOLD

Avanath Capital Management Acquires Multifamily Property In Baldwin Village For $220M

4220 Santa Rosalia Drive, Los Ange

See Similar Deals
MultiFamily
Sold 08/10/2022
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Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 4220 Santa Rosalia Drive in Baldwin Village was recently sold. The property, which was marketed by Daryl Carter, features a total of 669 units. The sale was facilitated by Avanath Capital Management, represented by Daryl Carter as their buyer's representative. The transaction took place on 08/11/2022 for a sale price of $220,000,000, resulting in a per unit price of approximately $329,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $220,000,000
  • Units: 669
  • Price Per Unit: $329,000
  • Market: Baldwin Village
  • Buyer: Avanath Capital Management - Daryl Carter

Daryl Carter, representing Avanath Capital Management, played a key role in the transaction. As the buyer's representative, Carter facilitated the sale of the multifamily property at 4220 Santa Rosalia Drive in Baldwin Village. His expertise in the market was instrumental in ensuring the success of the deal.

Players

6 deals$688.9M volume(407) 581-6205
BROKER

Details

SOLD
IMAGE: Daryl Carter DATE: 08/11/2022 ADDRESS: 4220 Santa Rosalia Drive MARKET: Baldwin Village ASSET TYPE: Multifamily BUYER: Avanath Capital Management - Daryl Carter SALE PRICE: $220,000,000 UNITS: 669 ~ PPU: $329,000

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Cap Rate

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