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MULTIFAMILY NEWS
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MBK Rental Living Buys 144-Unit Asset in Paso Robles

10/28/16

The Buena Vista Apartments, a 144-unit multifamily complex in Paso Robles, sold for $5.8 mil in a recent acquisition by MBK Rental Living LLC The property, located at 708-1002 Experimental Station Rd, sits on roughly 12.5 acres of land.

The 202.3k sf property contains 144 units. It is located adjacent to Highway 46, just east of downtown, in an area of newer single family homes.

MBK Rental Living plans to make improvements to the property. They represented themselves in the transaction. Marty Indvik of Lee & Associates San Luis Obispo and Jim Fisher and Michael Smith of Berkadia, represented the seller, Arjun Buena Vista Properties LLC.






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