Monday, December 26, 2011

Rio Vista Commercial Real Estate Picking Up

Rio Vista Apts. Sell for $1.4 Million

Investors Trade 28 Units on Drouin Drive
December 21, 2011
Martin and Kate Tunick purchased the Rio Vista Apartments at 150 Drouin Drive in Rio Vista, CA, from Evelyn Rice for nearly $1.43 million or $50,893 per unit. 

Built in 1963, the two-story building totals 21,672 square feet. The unit mix is comprised of nine one-bedroom/one-bathroom units and 19 two-bedroom/one-bathroom units. 

Anthony Pappageorge of Cornish & Carey Commercial Newmark Knight Frank represented the buyer. Rich Martini of Colliers International represented the seller. 

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