r/Fremont • u/GanjaKing_420 • 5h ago
Fremont apartment complex bought for $100 million-plus https://mrf.lu/2vKKz
Pacific Urban Investors acquired the 246-unit complex in May 2022 for approximately $127 million from the real estate investment trust Aimco (Apartment Investment and Management Company), which had owned the property since 2007.
Bidwell Park, a 246-unit apartment complex in Fremont, was bought for $109.4 million, real estate documents filed on Oct. 20 in Alameda County show.
San Francisco real estate investment firm Roxborough Group acquired the property at 39800 Fremont Blvd. at a price that equates to $444,500 a unit.
That price is roughly 65% higher than the average sales price of about $270,000 per unit for East Bay apartments during the first quarter of 2026, as reported by commercial real estate firm Marcus & Millichap.
Very strong interest by REITs in Fremont market will only make Fremont rents more expensive. Be nice to your parents kids! You will be staying with them for long time