Login

Bridge Housing Pays $8M for Woods Manor Apts.

Nonprofit Sells 80-Unit Complex in Pittsburg
By Mario Munoz
April 16, 2008 | 12:50 P.M.

Bridge Housing Corp. purchased Woods Manor Apartments at 850 E. Leland Road in Pittsburg, CA, for $8 million or $100,000 per unit. The buyer is a nonprofit affordable housing development/management company. It intends to inject significant capital for renovation and upgrades, at a potential additional cost of $6 million. The property is also eligible for new tax credits, which the buyer will seek.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE