An expansive, five-property multifamily portfolio in Oxnard, California, was plucked off the market for $41.78 million, or just about $261,114 per unit. Palos Verdes Investments, a California-based investor and developer, purchased the properties from a private individual using a 1031 exchange.
California Investor Purchases Five-Property Multifamily Portfolio
The Oxnard, California, Sale Encompassed About 126,085 Square Feet
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IN THIS ARTICLE
- Properties
- Yucca Apartments
200 Yucca St, Oxnard, CA
- Casa Carmel
1201 G St, Oxnard, CA
- Laguna Gardens Apartments
1250 H St, Oxnard, CA
- Gemini III Apartments
540 Channel Islands Blvd, Oxnard, CA
- Newport Apartments
1140 H St, Oxnard, CA
- Companies
- Contacts
- Ryan Rembert
Managing Director, KW Commercial SoCal
- Josh Feldman
Executive Vice President, KW Commercial SoCal