Cumberland Holdings acquired The Camellia on Buck Apartments in Vacaville, CA on August 29, 2024.  The property is a garden-style building built in 1964 with 52 apartment units.  Cumberland paid $10,950,000 ($211,000/unit) and closed with a loan assumption in under 60 days.

 

The property’s location is in a high end historic residential neighborhood immediately adjacent to historic downtown Vacaville.Several original Victorian homes & mansions line the neighborhood streets and downtown Vacaville is a quaint neighborhood village with over 35 restaurants & bars, robust retail amenities, and ample personal services offerings.

 

Affinity Property Management will provide third party property management services.

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Property website: https://www.thecamelliaonbuck.com/