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California  + Orange County  + Apartments  | 
MBK Rental Living Sells Paso Robles Apartment Community, CBRE represents

MBK Rental Living Sells Paso Robles Apartment Community

Irvine-based MBK Rental Living has announced the sale of Blue Oak, a 142-unit Class-A apartment and townhome community in the Central Coast city of Paso Robles, CA. CBRE’s Stewart Weston, Dean Zander, Jefrey Henderson and Jon Teel represented the seller, while the buyer was a private LA-based owner. Terms were not disclosed. 

Opened in 2019, the 12-acre community consists of one-, two- and three-bedroom units plus one four-bedroom, single-family residence. Blue Oak’s amenities include a clubhouse, resort style pool and spa, fitness center and playgrounds.

“Paso Robles is a growing city with a rich history set against a backdrop of vineyards, olive orchards, farms and ranches. Inspired by the local culture, this was a special opportunity that we turned into a wonderful community, from the design and spacious accommodations to the apartment and townhome composition,” said Ken McCarren, President of MBK Rental Living.

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MBK Rental LivingBlue OakCBRE

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Sale/Acquisition
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