Broman Development, a real estate investor based in Walnut Creek, California, recently acquired the 31-unit La Espana Garden Apartments complex in nearby Lodi. The purchase, totaling about $5.9 million, or $191,129 per unit, was made from the locally based Harlin Watts, which purchased the development 26 years ago in 1997 for about $1.4 million.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- La Espana Garden Apartments
350 Ham Ln, Lodi, CA
- Contacts
- Adam Lucatello
Senior Vice President, Colliers
- Andy Hodgson
Senior Vice President, Colliers