(Read more on the multifamily market.)
SANTA MARIA, CA-Kennedy Wilson has closed on the $30.3-million sale of its 208-unit Country Oaks apartment complex, according to Hendricks & Partners and Marcus & Millichap. The property is located at 333 E. Enos Dr., according to Robin D. Ossenbeck of the Los Angeles office of Hendricks & Partners, who represented the buyer, Citrus Heights-based LeFever Mattson.
The deal represented “an excellent opportunity for the investor to acquire a strong multifamily asset in the highly desirable coastal region of North County Santa Barbara,” comments Gregory Harris, vice president of investments in the Encino office of Marcus & Millichap. Harris represented the seller, Kennedy Wilson Multifamily Management Group, and the buyer.
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