SOLD
Cushman & Wakefield Sells 397-Unit Multifamily Development Site In Rocklin To Advanced Building Solutions For $19M
6250 West Oaks Boulevard
MultiFamily
Sold 287 days ago
Summary
Sale
CALIFORNIA
MultiFamily
A 397-unit multifamily development site located at 6250 West Oaks Boulevard in Rocklin was sold for $19 million. The property spans 18.2 acres and is situated near Rocklin and Roseville, reflecting high demand in the Sacramento region's top suburban submarket.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $19,000,000
- Address: 6250 West Oaks Boulevard
- Market: Rocklin
- Acres: 18.2
Cushman & Wakefield facilitated the sale of the multifamily development site to Advanced Building Solutions. The deal involved brokers Jason Parr, Scott MacDonald, John Hansen, Sydney Ladrech, and Brayden Joel. This shovel-ready project in Rocklin reflects the high demand for residential properties in the Sacramento region's suburban submarket.
Players
All
6
Agents
5
Agencies
1
Details
SOLD
IMAGE: Scott MacDonald, John Hansen, Jason Parr, Brayden Joel & Sydney Ladrech
DATE: 07/20/2023
ADDRESS: 6250 West Oaks Boulevard
MARKET: Rocklin
ASSET TYPE: Multifamily ~ ACRES: 18.2
BUYER: Advanced Building Solutions
SELLER: Tekin Development & Guardian Capital
BROKERS: Jason Parr, Scott MacDonald, John Hansen, Sydney Ladrech & Brayden Joel - Cushman & Wakefield (@CushWake)
SALE PRICE: $19,000,000
UNITS: 397 ~ PPU: $47,859
NOTE: Cushman & Wakefield sold a 397-unit multifamily development site in Rocklin to Advanced Building Solutions for $19 million. The shovel-ready project is located near Rocklin and Roseville, reflecting high demand in the Sacramento region's top suburban submarket.View on map
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Address6250 West Oaks Boulevard
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