Property West Residential Acquires Oceanside Multifamily For $110M
4795 Frazee Road
1,235 SF
Summary
The multifamily property located at 4795 Frazee Rd. in Oceanside has been sold for a total of $110,000,000. The transaction took place on 08/16/2021. The property, consisting of 284 units, was acquired by Property West Residential from the seller, FPA Multifamily. The sale price results in a per unit price of $387,324.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $110,000,000
- Address: 4795 Frazee Rd.
- Market: Oceanside
The buyer, Property West Residential, successfully completed the acquisition with the assistance of brokers Christopher J. Zorbas, Tyler Martin, and Alexander Garcia Jr. from Institutional Property Advisors. Marcus & Millichap, represented by Christopher J. Zorbas, Tyler Martin, and Alexander Garcia Jr., facilitated the deal on behalf of the seller, FPA Multifamily.
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