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Home Finance Santa Monica Multifamily Asset Sells for $39.5MM
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Santa Monica Multifamily Asset Sells for $39.5MM

April 28, 20212 Mins read512
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SANTA MONICA, Calif., April 28, 2021 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Citrus Suites Apartments, a 70-unit, two-building apartment complex located just one parcel from the beach in Santa Monica, California. The asset traded at $39.5 million, or $564,285 per unit (ed. note; […]

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