Pacific Urban Investors has paid $127 million, or $407,051/unit, for Avery at Moorpark, a 312-unit apartment property in Moorpark, Calif. The Palo Alto, Calif., investor purchased the property from AEW Capital Management of Boston. The property, at 4767 Moorpark Ave., was built in 2002 and has one-, two- and three-bedroom units with monthly rents that […]
The post Pacific Urban Pays $127Mln for Los Angeles-Area Apartment Property appeared first on Commercial Real Estate Direct.
Leave A Comment