SOLD
MNM Partners Acquires Multifamily Property In Silicon Valley For $7.35M
906 Burbank Drive
MultiFamily
14,677 SF
14,677 SF
Summary
Sale
CALIFORNIA
MultiFamily
14,677 sqft
A multifamily property located at 906 Burbank Dr. in Silicon Valley was recently sold. The property consists of 22 units with a total square footage of 14,677. The sale price for this transaction was $7,350,000, resulting in a per unit price of $334,090. The price per square foot was calculated at $500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,350,000
- Market: Silicon Valley
- Units: 22
- Price per Unit: $334,090
- Square Footage: 14,677
- Price per Square Foot: $500
The buyer for this transaction was MNM Partners, while the seller was Jeff Zell. The deal was facilitated by Ray Rodriguez and Tony Zizzo from THE R&Z Group, who represented the buyer and seller respectively.
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Details
SOLD
IMAGE: Ray Rodriguez & Tony Zizzo
DATE: 08/09/2022
ADDRESS: 906 Burbank Dr.
MARKET: Silicon Valley
ASSET TYPE: Multifamily
BUYER: MNM Partners
SELLER: Jeff Zell
BROKERS: Ray Rodriguez (@Ray_Rodrifuez46) & Tony Zizzo (@T_Zizz) - THE R&Z Group (@TheR&ZGroup)
SALE PRICE: $7,350,000
UNITS: 22 ~ PPU: $334,090
SF: 14,677 ~ PPSF: $500View on map
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Address906 Burbank Drive
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