SAN DIEGO, Calif., September 18, 2019 – Cushman & Wakefield announced today the firm has brokered the sale of the Roosevelt Apartments, a 10-unit apartment complex in Carlsbad (San Diego), California. Located at 3366 Roosevelt St. and consisting entirely of 1-bedroom units, the complex sold for approximately $2.72 million, or precisely $271,850 per unit.
The seller was The Glenn Goldman Family Trust and the buyer was 3366 Roosevelt LLC. Ray Adams and Clark Rorbach, multifamily investment specialists with Cushman & Wakefield’s San Diego office, represented both buyer and seller in the transaction.
Located in San Diego’s North County, the Roosevelt Apartments complex is conveniently located right off Carlsbad Village Dr., walkable to shopping, dining, and the many amenities at Carlsbad Village. The property is also just a few blocks from the beach and a short distance to Interstate 5.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.