Alameda Commercial Property Sold For $15.9 Million With Seller's Rep Adam Levin Of Marcus & Millichap

The property involved in the transaction is Buena Vista Apartments, located at 430 Buena Vista Ave, Alameda, CA. It was sold for $15,900,000.00 and consists of 52 units across two parcels. The property's square footage is not specified. Originally constructed in 1966 and renovated in 2018, it features a mix of studio, one-, and two-bedroom floor plans. On-site amenities include laundry facilities, a gated secure entrance, bike storage, barbecue and picnic areas, and storage for tenant use.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,900,000.00
• Address: 430 Buena Vista Ave, Alameda, CA
• Market: Alameda
• Seller's Representative: Adam Levin, Marcus & Millichap
• Buyer's Identity: Unknown

Adam Levin and Robert Johnston from Levin Johnston represented the seller in this transaction, facilitating the sale to an undisclosed high-net-worth private investor.