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Marcus & Millichap Unit Sells La Vista Apartments for $116 Million
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Marcus & Millichap Unit Sells La Vista Apartments for $116 Million
Dec 31, 2024 4:33 AM

07:19 AM EST, 12/31/2024 (MT Newswires) -- Marcus & Millichap ( MMI ) said late Monday its Institutional Property Advisors division sold La Vista Apartments for $116 million or $252,174 per unit.

La Vista Apartments is a 460-unit multifamily asset in Santa Maria, California.

The transaction marks the largest multifamily transaction by unit count and price in Santa Barbara County history, the company said.

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