Lakeview Land Partners sells 47 unit asset in Downtown Oakland

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Jackson Courtyard Apartments
Lakeview Land Partners announces the sale of the Jackson Courtyard Apartments, a 47 unit apartment building in downtown Oakland California

Lakeview Land Partners, LLC announces the sale of the Jackson Courtyard Apartments, LLC. a 47 unit apartment building in downtown Oakland Ca. which was built in 2009. Lakeview purchased the property in 2015 and enjoyed the transformation of the 14th Street corridor and downtown Oakland as a whole. The property traded hands for $20,500,000 and was purchased by a private investor.

The 2009 construction offers residents a “Class A” common area amenity package consisting of a beautiful controlled access lobby entry, elevator bank, 50-car secured garage with car -lifts, bike storage room, maintenance and systems room, seven-story open atrium and a roof deck with city views. Joel Kelly, managing partner for Lakeview Land Partners added “this property sits very well in the path of growth and development in downtown Oakland. The new owners should do very well with this asset into the future”.

Kristopher Lamont with Bay Apartment Advisors brokered the sale of the property on behalf of Lakeview Land Partners.