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637 Stonebridge Way
SOLD

Opportunity Housing Group Acquires 484-Unit Multifamily Property In Pleasant Hill For $304M

637 Stonebridge Way

MultiFamily
clock iconSold 1 year ago
Stanford Jones
Salvatore Saglimbeni
Philip Saglimbeni
+ 2
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Summary

Sale
CALIFORNIA
MultiFamily

The multifamily property located at 637 Stonebridge Way in Pleasant Hill was recently sold for a total of $304,000,000. The transaction took place on January 10, 2022. This property consists of 484 units, resulting in a per unit price of approximately $628,099.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $304,000,000
  • Address: 637 Stonebridge Way
  • Market: Pleasant Hill

The buyers of this property were Opportunity Housing Group represented by Lauren Seaver and California Statewide Communities Development Authority. The brokers involved in the transaction were Philip Saglimbeni, Salvatore Saglimbeni, Stanford Jones, and Alex Tartaglia from Institutional Property Advisors, which is a part of Marcus & Millichap.

Players

  • All

    6

  • Agents

    4

  • Agencies

    2

Stanford Jones's profile picture
Stanford Jones
Marcus & Millichap-image
Executive Managing Director Investments
$696.4M Sold
Alex Tartaglia's profile picture

Details

Deal Summary
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SOLD
IMAGE: Salvatore Saglimbeni, Philip Saglimbeni, Stanford Jones & Alex Tartaglia DATE: 01/10/2022 ADDRESS: 637 Stonebridge Way MARKET: Pleasant Hill ASSET TYPE: Multifamily BUYER: Opportunity Housing Group - Lauren Seaver & California Statewide Communities Development Authority BROKERS: Philip Saglimbeni, Salvatore Saglimbeni, Stanford Jones & Alex Tartaglia (Institutional Property Advisors) - Marcus & Millichap SALE PRICE: $304,000,000 UNITS: 484 ~ PPU: $628,099

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Address637 Stonebridge Way

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