Town Center Terrace Acquires Multifamily Asset In Paramount For $26.15M
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This MultiFamily property located in CA was sold for $26,150,000 almost 4 years ago. The brokers of the deal were David Ridgway and Rick Raymundo
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- Location16200 Vermont Avenue, Paramount, CA, USA
- Sale Price$26,150,000$249 PPSF
- Area104,735 SF
- Asset TypeMultiFamily
- Parties2 Brokers, 1 Agency
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Deal Summary
SALE
IMAGE: Rick Raymundo & David Ridgway
DATE: 06/21/2021
ADDRESS: 16200 Vermont Avenue
MARKET: Paramount
ASSET TYPE: Multifamily
BUYER: Town Center Terrace
SELLER: Paramount Housing Partnership
BROKERS: Rick Raymundo (@LACMultifamily) & David Ridgway - Marcus & Millichap
SALE PRICE: $26,150,000
UNITS: 158 ~ PPU: $165,506
SF: 104,735 ~ PPSF: $249
RATE: 2.58%
GRM: 13.35
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16200 Vermont Avenue
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