Villa Malibu Apartment Complex Trades for $62M
Villa Malibu apartment complex, a luxurious multifamily community in the world-renowned coastal city for which it is named, was recently acquired by Pacific Eagle for $62 million, or about $912,000 per unit. The Carlyle Group sold the property, which has 68 residences encompassing 10 acres.
Built in 1993 and renovated in 2007, the Villa Malibu apartment complex offers eight distinctive two-and-three-bedroom floor plans, with such amenities as a resort-style pool with cabanas, an assortment of athletic facilities, a dog park and more.
The deal was brokered by a Madison Partners team consisting of principals Bob Safai, Darin Beebower, Brad Schlaak and Matt Case.
Apartment buildings for sale
Check out the latest properties available on apartmentbuildings.com
Spring Village Apartments
Spring Hill, FLFlorida & Gulf Coast + Apartments
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $2,400,000 No. of Units: 12 Cap Rate: 1 Average Occupancy: 100 Year Built: 2021 Building Size: 9676 Sq ft Lot Size: 0.54 Acres No. of Stories: 2 Opportunity Zone: No Price per unit: $200,000 
Green Seed Apartments
Portland, ORSeattle & Northwest + Low-Rise
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $7,500,000 No. of Units: 31 Cap Rate: 4.91 Average Occupancy: 100 Year Built: 2020 Building Size: 19551 Sq ft Lot Size: 18200 Acres No. of Stories: 3 Opportunity Zone: No Buy Side Fee: $1 Price per unit: $241,935 
Brim Apartments
Portland, ORSeattle & Northwest + Mid-Rise
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $5,500,000 No. of Units: 27 Cap Rate: 6.12 Average Occupancy: 99 Year Built: 2017 Building Size: 14683 Sq ft Lot Size: 4831 Acres No. of Stories: 5 Opportunity Zone: No Buy Side Fee: $1 Price per unit: $203,703
- ◦Sale/Acquisition
