SOLD
FPA Multifamily Acquires Multifamily Properties For $153M In Ventura County
645 Hampshire Road & 555 Laurie Lane
MultiFamily
Sold 66 days ago
Summary
Sale
CALIFORNIA
MultiFamily
Two multifamily properties, Oakview Apartment Homes in Westlake Village and The Biltmore at Thousand Oaks, were sold in Ventura County for a total of $153 million. The deal was brokered by Gregory Harris, Joseph Grabiec, and Kevin Green from Institutional Property Advisors, representing both the seller and the buyer. The portfolio comprises 409 units with an average price per unit of $374,083.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $153,000,000
- Units: 409
- Address: 645 Hampshire Road & 555 Laurie Lane
- Market: Westlake Village & Thousand Oaks
FPA Multifamily, led by Dan Kaplan, acquired the two-property apartment portfolio in Ventura County. The transaction was facilitated by the team at Institutional Property Advisors - Marcus & Millichap, which included the expertise of brokers Gregory Harris, Joseph Grabiec, and Kevin Green.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Gregory Harris, Joseph Grabiec, Dan Kaplan & Kevin Green
DATE: 02/29/2024
ADDRESS: 645 Hampshire Road & 555 Laurie Lane
MARKET: Westlake Village & Thousand Oaks
ASSET TYPE: Multifamily
BUYER: Dan Kaplan - FPA Multifamily
BROKERS: Gregory Harris, Joseph Grabiec & Kevin Green - Institutional Property Advisors - Marcus & Millichap (@MarcusMillichapinc)
SALE PRICE: $153,000,000
UNITS: 409 ~ PPU: $374,083
NOTE: FPA Multifamily purchased a two-property apartment portfolio in Ventura County for $153 million, including Oakview Apartment Homes in Westlake Village and The Biltmore at Thousand Oaks. The deal was facilitated by Kevin Green, Joseph Grabiec, and Gregory Harris of Institutional Property Advisors, representing both the seller and the buyer.View on map
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Address645 Hampshire Road & 555 Laurie Lane
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