Sean Burton Acquires Tralee Village Apartments In Dublin For $46M

The Tralee Village Apartments, a 130-unit multifamily property located at 6599 Dublin Boulevard in Dublin, was sold by JB Matteson to Cityview for $46,000,000. The property sits on 4 acres of land and offers amenities such as a swimming pool, spa, gym, clubhouse, and ground-floor retail space. It is conveniently situated near major interstates and prominent employers like Chevron and Oracle.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $46,000,000
• Units: 130
• Price per Unit: $353,846
• Address: 6599 Dublin Boulevard
• Market: Dublin
• Asset Type: Multifamily

Berkadia represented both parties in the transaction, with Brett Betzler, Jason Parr, Kaohu Berg-Hee, and Scott MacDonald facilitating the deal. Cityview plans to renovate Tralee Village Apartments by focusing on upgrades to flooring, lighting, kitchens, and bathrooms, enhancing the property's common areas and apartment interiors. This strategic move aligns with Cityview's vision for the complex and its desire to provide a high-quality living experience for residents.