Majestic Asset Management, Inc., and Atlas Investments Acquired the Abrego Villas Apartments
Majestic Asset Management, Inc., in conjunction with Atlas Investments, acquired the 36 unit Abrego Villas Apartments conveniently located two blocks from downtown Isla Vista, four blocks from the UCSB campus and walking distance to the beach. Ideally situated in a market that has seen significant rent appreciation, this property will be completely upgraded and all units will be professionally renovated. This acquisition represents the fourth property Majestic has acquired in this market within the past 24 months. Majestic is a full service investment and property management company located in Van Nuys, CA.