facebook
Traded Co logo
Submit a Deal

UCSB Student Housing Portfolio In Santa Barbara Sold For $4.4M

6680-6684 Sabado Tarde Road, 6746 Del Playa Drive, & 6839 Sabado Tarde Road, Goleta, CA 93117
PointingArrow
ShareContact

This MultiFamily property located in CA was sold for $4,447,047 almost 3 years ago. The brokers of the deal were Adam Press, Jordan Epstein, Glen Scher, and Filip (Fil) Niculete

The recently closed property transaction in Goleta, California involved a multifamily asset located at 6680-6684 Sabado Tarde Rd., 6746 Del Playa Dr., and 6839 Sabado Tarde Rd. The property is part of the UCSB Student Housing Portfolio in the bustling Santa Barbara market. With a total of 7 units, the property sold for a total price of $4,447,047, translating to a per unit price of $635,000. The total square footage of the property is 7,412, and the price per square foot is $600.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $4,447,047
  • Units: 7
  • Price Per Unit: $635,000
  • Square Footage: 7,412
  • Price Per Square Foot: $600

The deal was facilitated by the LAAA Team from Marcus & Millichap, represented by Jordan Epstein, Filip Niculete, and Glen Scher, along with Adam Press from Press Real Estate. Notably, the seller exchanged this property into triple-net properties.

It is worth mentioning that this transaction showcases a price tag of $600 per square foot, $635,000 per unit, and $1.11 million per building, providing an attractive opportunity in the Santa Barbara market.

View Related

Deals
  • Location
    6680 Sabado Tarde Rd, Goleta, Santa Barbara, CA, USA6680 Sabado Tarde Rd, Goleta, Santa Barbara, CA, USA
  • Sale Price
    $4,447,047$4,447,047
    $600 PPSF$600 PPSF
  • Area
    7,412 SF7,412 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Adam Press

Adam Press

Deals1
Sold$4.4M

Glen Scher

Glen Scher

Deals161
Sold$624.5M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Social

Deal Summary

SALE IMAGE: Glen Scher @ScherGlen, Filip Niculete @FNiculete & Jordan Epstein @Spawlding DATE: 04/27/2021 ADDRESS: 6680-6684 Sabado Tarde Rd., 6746 Del Playa Dr. & 6839 Sabado Tarde Rd., Goleta, CA 93117 MARKET: Santa Barbara ASSET TYPE: Multifamily BROKERS: Jordan Epstein @Spawlding, Filip Niculete @FNiculete & Glen Scher @ScherGlen (LAAA Team) @LAAATeam - Marcus & Millichap; Adam Press - Press Real Estate SALE PRICE: $4,447,047 UNITS: 7 ~ PPU: $635,000 SF: 7,412 ~ PPSF: $600 NOTES: UCSB Student Housing Portfolio / Seller's Exchanging into Triple-Net Properties / $600 per SqFt | $635k per Unit | $1.11M per Building

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

6680-6684 Sabado Tarde Road, 6746 Del Playa Drive, & 6839 Sabado Tarde Road, Goleta, CA 93117

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits