NEWS

23 Unit Complex Sold Blocks From UC Berkeley Campus

Closed for the first time on the market since original construction..

NAI Northern California is pleased to announce the sale of 2627 Hillegass Ave, a 23-unit multifamily property sold for the first time on the market since its original construction. NAI Northern California teams represented both the buyer and seller of this primely located multifamily building in Berkeley. The Mitchell Warren Team was the listing team, and the Chappell Team represented the buyer. Sold for $8,925,000, at over $388,000 per unit, the sale of this East Bay multifamily property was completed off-market.

The Mitchell Warren Team worked together with Grant Chappell and Team to procure an off market buyer at a top-of-market price. Quality East Bay real estate assets are still selling at record-breaking prices and the Mitchell Warren Team leads the way with innovative marketing and matching of buyers with sellers.

2627 Hillegass features an 1960’s architectural design with radiant heat flooring throughout. This well maintained property is located just blocks from the UC Berkeley Campus and consists of (1) one 3-bedroom 1-bath, (14) fourteen 2-bedroom 1-bath, and (8) eight 1-bedroom 1-bath units.

The Mitchell Warren Team comprises Senior Vice President Kent Mitchell; Senior Vice President Tim Warren; Investment Advisor Randell Silva; and Investment Advisor Alex Lin.

The Chappell Team comprises Principal Grant Chappell; Investment Advisor Jonathan Burmenko; Broker of Record Sam Hayes; and Investment Analyst Robert Chappell.