Real estate briefly: Two Anaheim complexes sell for roughly $12.3 million

By – OCRegister.com.

Photo CBRE

Photo CBRE

CBRE recently closed two apartment complexes in Anaheim.

The first, Palm Apartments, sold to a local investor for $7.6 million. The second property, Villa Mimosa Apartments, sold to a 1031-exchange investor for $4.7 million. Dan Blackwell, CBRE senior vice president, represented the seller, Ball Anaheim Apartments LLC. The buyer, Great Chi Investments, was represented by Grady Liu with Macroreal Investment Group. The property, at 1724-1736 W. Ball Road, includes 40 one-bedroom units. Built in 1959, the gated community features two courtyards, a swimming pool, laundry facilities.

Read More

Category : As Seen Online &Blog &Commercial Properties

 

 

Leave a reply

Send to Friend

Email Agent for ADU permits are prohibitively expensive