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Home Finance USA Properties Sells 212-Unit The Landing at Arroyo in Simi Valley for $95MM
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USA Properties Sells 212-Unit The Landing at Arroyo in Simi Valley for $95MM

August 30, 20242 Mins read987
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Rendering courtesy of USA Properties
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Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of The Landing at Arroyo, a 212-unit multifamily property in Simi Valley, California [located at 1680 Sycamore Dr.] The asset traded for $95 million, or $448,113 per unit. “This quintessential, low-density suburban core multifamily asset is poised for substantial growth in […]

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