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« First-Time Home-Buyer Seminar This Evening - Good Luck | Main | More Bad News to Start Your Day »

April 28, 2008

San Francisco Apartment Complex Sells for $115M

UDR Inc. has purchased Edgewater Luxury Apartments, a 193-unit multi-family community in San Francisco, for $115 million from Urban Housing Group.

photo credit:Edgewater Luxury Apartments
edgewater.jpg


Built in 2007, Edgewater features a mix of one- and two-bedroom units along with a limited number of loft units. The sale represents $595,855 per unit.

Located at 355 Berry St., between Fifth and Sixth streets, the 157,200-square foot, six-story apartment building is within walking distance of AT&T Park, the San Francisco Caltrain station and light rail stations.

Click for the complete story from Commercial Property News

Posted by Jeff Brooks on April 28, 2008 03:08 PM |

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