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Home Finance 197-Unit Senior Community in Santa Maria Sells for $48MM
FinanceIndustry NewsLos AngelesNews ReleasesResidential

197-Unit Senior Community in Santa Maria Sells for $48MM

December 27, 20211 Mins read519
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SANTA MARIA, Calif., Dec. 21, 2021 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Villa del Sol, 197-unit, age 55-plus seniors apartment complex in Santa Maria, California. The property sold for $48 million, which equates to $243,654 per unit. “Santa Maria is the largest population […]

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