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25-Unit Apartment Building Trades for $4.1M

25-Unit Apartment Building Trades for $4.1M

VAN NUYS, CA—The 25-unit Vose Manor has sold to Vose Regency Apartment LLC for $4.1 million. Owners Vose LLC and C.F. Saticoy disposed of the 95 percent leased property, located at 15329 Vose St. in Van Nuys, Calif.

“In this seller’s market, this sale clearly illustrates the continued investment demand for apartments outpacing supply in the San Fernando Valley area.  Both the buyer and seller were tremendously pleased with the outcome and look forward to working with NAI Capital in the future,” said Ziv Kozaski, broker with NAI Capital.

Kozaski as well as NAI’s Michael Dixon represented both the buyer and seller in the transaction.

Built in 1987, the apartment building has subterranean parking. Most of the two-bedroom units contain amenities such as balconies, granite counter tops, central air, garbage disposals, and range.

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