Palms On Park San Diego LP Acquires Multifamily Property In East Village For $7.8M
509 Park Boulevard
MultiFamily
32,750 SF
32,750 SF
Summary
Located at 509 Park Blvd in the East Village market, this multifamily property was recently sold in a transaction on 08/31/2021. The property consists of 78 units with a total area of 32,750 square feet. The sale price for this transaction was $7,800,000, resulting in a price per unit of $100,000 and a price per square foot of $238.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,800,000
- Units: 78
- Price per Unit: $100,000
- Square Footage: 32,750
- Price per Square Foot: $238
- Address: 509 Park Blvd
- Market: East Village
The buyer of this property is The Palms on Park San Diego LP, while the seller is 12th & A Hotel Partners LP. Representing the buyer in this transaction are Peter Scepanovic and Corey McHenry from Colliers. Will Rigley from Rigley Corp. acted as the seller's representative.
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