Heather Kear Purchases Multifamily Asset In Isla Vista From Mack Snyder For $1.68M

The property asset involved in this transaction is a multifamily residential building located at 6615 Sabado Tarde Road in Isla Vista. This asset consists of 2 units, encompassing a total square footage of 2,200. The sale price of the property was $1,680,000, resulting in a price per unit of $840,000 and a price per square foot of $763.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,680,000
• Units: 2
• PPU: $840,000
• SF: 2,200
• PPSF: $763
• Buyer: Heather Kear
• Seller: Mack Snyder
• Seller's Representative: Jake Glaser - Lyon Stahl Investment Real Estate

The transaction was facilitated by Jake Glaser, representing the seller, Mack Snyder. The deal reflects a notable collaboration within the real estate sector, particularly in the Isla Vista market.