Marcus & Millichap brokered the sale of the 140-unit Shasta Terrace Apartments in Vacaville, Calif.
The value of the transaction was approximately $12.4 million.
Shasta Terrace is situated on 6.13 acres at 293 Shasta Drive. Of the 108,520 rentable square feet, there is a mix of 56 one-bedroom/one-bath units, 76 two-bedroom/two-bath units and eight three-bedroom/two-bath units, which range in size from 620 to 1,150 square feet.
A San Jose, Calif.-based investment partnership sold the property to Northern California-based Shasta Terrace Associates LLC.
Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage.
Send a comment or news tip to our newsroom.
Please include the headline of the story.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!