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East Bay apartment complex bought in deal that could add upgrades
['George Avalos']
Silicon Valley
BERKELEY — An area real estate investment firm has bought a Berkeley apartment complex in a deal that’s expected to lead to upgrades for the property.
One-bedroom units average 706 square feet and two-bedroom, two-bath units average 1,108 square feet.
Built in 2010, the apartment complex originally was a condominium hub.
With the recent deal, Sack Capital Partners has widened its purchases of apartment complexes in the Bay Area.
On Aug. 29, it paid $52 million for the 164-unit Fountain Park apartment complex in San Jose.
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