VACAVILLE, CA – Kidder Mathews, a leading commercial real estate investment services firm with offices throughout the West Coast, along with ProEquity Asset Management today announced the sale of a 21-unit apartment property located in Vacaville, CA, The asset sold for $1,875,000.
Jeffrey Hutchins, Vice President at Kidder Mathew’s San Francisco office and Tyler Sheldon, Principal at San Francisco based ProEquity, had the exclusive listing to market the property on behalf of the seller, a private investor.
209 Brown Street in Vacaville, CA is a twenty-one-unit apartment complex situated in Vacaville, just off Highway 80. The improvements consist of 21, one-bedroom/one-bath units on 1.39 acres of land.
“Investors are looking further out from traditional core Bay Area locations to seek higher returns.” reported Kidder’s Jeffrey Hutchins.
Kidder Mathews is one of the largest, independent commercial real estate firms on the West Coast, with over 500 real estate professionals and staff in 10 offices in Washington, Oregon, and California. kiddermathews.com.
ProEquity Asset Management is a fully integrated commercial real estate service company providing a full service range of solutions for our partners and clients. Our expertise includes asset management, property management, development services, construction management, transactional services and advisory services. proequity.com