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Fremont's Arbordale Gardens Has New Owner

Marcus & Millichap Arranges Sale
December 5, 2017
The 72-unit apartment complex at 42010 Blacow Rd. in Fremont, CA has traded hands between individual investors for $27.7 million, or about $385,000 per unit.

The Arbordale Gardens delivered in 1968 and feature 32 studios, 17 one-bed/one-bath units and 23 two-bed/two-bath units. The garden-style complex last traded in 2004, when it sold for $8.7 million.

Adam Levin and Robert Johnston of Marcus & Millichap served as dual agents in the transaction.

For more information on the sale, please refer to CoStar COMP #4057552.
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