Summer & Kevin Wahlberg Purchase Multifamily Property At 7392 Freeman Place For $1.4M

The asset involved in this transaction is a multifamily property located at 7392 Freeman Place in the Goleta market. The sale price for the property was $1,400,000, which is equivalent to a price per unit of $700,000. The total square footage of the property is 2,437, resulting in a price per square foot of $574.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,400,000
• Units: 2
• Price Per Unit: $700,000
• Square Footage: 2,437
• Price Per Square Foot: $574
• Buyer: Summer & Kevin Wahlberg
• Seller: Steven Rickborn
• Brokers: Robert Schenk & Daniel Withers - Matthews

Summer and Kevin Wahlberg are the buyers of the property, acquiring it from seller Steven Rickborn. The transaction was facilitated by brokers Robert Schenk and Daniel Withers from Matthews, who represented the parties in this deal.