Mald Investments Purchases Multifamily Asset In San Luis Obispo For $4.5M With Brokers Pierce And Dylan Brazil

The property asset involved in this transaction is a multifamily unit located at 801 South Halcyon Road in San Luis Obispo. The sale price of the property was $4,500,000, encompassing a total of 49 units. The property boasts a substantial square footage of 231,739, resulting in a price per unit of $91,836 and a price per square foot of $19.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,500,000
• Address: 801 South Halcyon Road
• Market: San Luis Obispo
• Units: 49
• Price Per Unit: $91,836
• Square Footage: 231,739
• Price Per Square Foot: $19
• Buyer: Mald Investments - Alejandro Velazquez, President
• Broker Representatives: Pierce Brazil & Dylan Brazil - CRI Brokerage

This transaction involved key individuals such as Alejandro Velazquez, who serves as the President of Mald Investments. The brokerage was represented by Pierce Brazil and Dylan Brazil from CRI Brokerage, facilitating the sale process and bringing the parties together for this closed transaction.