Urbaneer Investment Partners Acquires Multifamily Property In San Diego For $15M

Urbaneer Investment Partners has acquired a multifamily property located at 6675 Linda Vista Rd in San Diego. The transaction, which took place on 09/19/2022, was facilitated by Ben Sierpina & Raymond Choi from Marcus & Millichap. The seller, represented by Robert Weinberger from RJW Properties, sold the property for a total sale price of $15,000,000. The multifamily asset consists of 43 units, resulting in a price per unit of $348,837.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $15,000,000
• Date: 09/19/2022
• Address: 6675 Linda Vista Rd
• Market: San Diego
• Buyer: Urbaneer Investment Partners
• Buyer's Representative: Ben Sierpina & Raymond Choi - Marcus & Millichap
• Seller's Representative: Robert Weinberger - RJW Properties
• Units: 43
• Price per Unit: $348,837

Ben Sierpina & Raymond Choi from Marcus & Millichap played a crucial role as the buyer's representatives in this transaction. Their expertise and negotiation skills contributed to the successful acquisition of the multifamily property on behalf of Urbaneer Investment Partners. The seller, represented by Robert Weinberger from RJW Properties, worked diligently to ensure a smooth transaction process. This acquisition represents a strategic investment for Urbaneer Investment Partners in the San Diego market.