A unique student apartment complex in Berkeley featuring a sculpted limestone façade that resembles the walls of a castle has been purchased for $112.9M by a Goldman Sachs affiliate in an all-cash deal, according to Alameda County records.
Enclave Apartments, a 55-unit student housing complex located at 2503 Haste Street, was sold by a group headed by Irvine-based LBA Realty and Point Richmond-based West Builders, according to a report in SiliconValley.com.
The seven-story building on the corner of Haste and Telegraph Avenue, is within walking distance of the UC-Berkeley main campus. The mixed-use asset has five ground-floor retail units.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
