Levin Johnston successfully has directed the sale of Victoria Park, a 60-unit multifamily community located in the East Bay city of Fremont, California for $27.2 million.
The financial terms were not disclosed.
“The previous owner updated the property with much-needed amenities and unit renovations to help bring the property up to market standard, including renovations to the building exterior and the addition of a pool and lounge area, enhancing the curb appeal and providing residents with a sense of convenience, comfort, and community,” said Adam Levin, Levin Johnston executive managing director. “By keeping our finger on the pulse of the market, leveraging our local relationships, and effectively communicating the quality of the recently upgraded community and the strength of the Fremont area, we were able to identify a reputable buyer, stay ahead of the competition, and ultimately secure the close of a satisfying transaction for both parties.”
Sixty
