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Sridhar Equities Sells Pinebrook West Apartments

32-Unit Fremont Multifamily Trades for $12.2 Million
The low-rise apartments on Nicolet Avenue in Alameda County sold last month at a reported 4.88% capitalization rate. (CoStar)
The low-rise apartments on Nicolet Avenue in Alameda County sold last month at a reported 4.88% capitalization rate. (CoStar)
By Nick Bell
May 15, 2020 | 9:32 P.M.

Pan-Cal Corporation has purchased the 30-unit Pinebrook West apartments at 4001 Nicolet Ave. in Fremont, California, for $12.24 million, or about $408,000 per door, from Sridhar Equities in San Jose.

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IN THIS ARTICLE


  • Properties
  • Contacts
    • Robert Johnston

      Executive Managing Director Investments, Marcus & Millichap

    • Eymon Binesh

      Managing Director Investments, Marcus & Millichap

    • Adam Levin

      Executive Managing Director Investments, Marcus & Millichap