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Santa Rosa Apt. Complex Trades for $12M

Mountainview Villas Changes Hands in Distress Sale
By Alexis Van Noy
May 27, 2010

A, from investment entity 2146 Bedford Street LLC for $12 million, or approximately $153,846 per unit.

Known as Mountainview Villas, the Class A, 66,846-square-foot, 78-unit complex was constructed in 2000. It was 96 percent leased at the time of sale.

Pedro Arroyo, Jamie Clifford and David Silver of Arroyo & Coates represented the seller, while the buyer had no representation.

Please see CoStar COMPS #1915702 for more information on this transaction.

 

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