Harrison Street Asset Management has sold Clearwater at Riverpark, a 136-unit class A independent living community in Oxnard, Calif.
Built in 2018 within the master-planned Riverpark development, Clearwater at Riverpark represents one of Southern California’s premier independent living communities, delivering exceptional operating performance in a supply-constrained coastal market. The property sits adjacent to The Collection at Riverpark retail and entertainment destination and minutes from Oxnard State Beach, offering residents a resort-style lifestyle with direct access to Highway 101.
The 153,297-square-foot community on 3.8 acres features spacious residences averaging 809 square feet with full kitchens, in-unit washers and dryers and private patios. Amenities include multiple dining venues, a swimming pool, fitness center, theater, salon and spa, putting green and dog park.
JLL worked on behalf of the seller. The buyer was an S&P 500 company focused o