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Marcus & Millichap Brokers $79M Orange County Multifamily Asset Sale Chateau de Ville

Marcus & Millichap Brokers $79M Orange County Multifamily Asset Sale Chateau de Ville 2560 1707 The Leeson Group | Marcus & Millichap
Marcus & Millichap Brokers $79M Orange County Multifamily Asset Sale Chateau de Ville 2560 1707 The Leeson Group | Marcus & Millichap

Marcus & Millichap Brokers $79M Orange County Multifamily Asset Sale Chateau de Ville

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Chateau de Ville, a 254-unit multifamily property in Anaheim, California. The asset was brought to market for the first time in over 50 years and traded for $79,076,710 or $311,326 per unit.…

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Real Estate News: 2 Apartment Complexes Sell in Santa Ana for $36.6 million 1988 2560 The Leeson Group | Marcus & Millichap

Real Estate News: 2 Apartment Complexes Sell in Santa Ana for $36.6 million

The properties are less than a mile from each other, north to south. Two apartment complexes in Santa Ana have sold for a combined $36.6 million dollars to a single buyer. The transactions, brokered by Marcus & Millichap, included the 74-unit Park Tower Luxury Apartments and the 58-unit Park City View Luxury Apartments. The properties…

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Marcus & Millichap Arranges Sale and Financing for Multifamily Property in Brea, California 1489 1117 The Leeson Group | Marcus & Millichap

Marcus & Millichap Arranges Sale and Financing for Multifamily Property in Brea, California

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale and financing of Birch Terrace Apartments, a multifamily property located at 601, 613, & 617 East Birch Street in Brea, California. The 36-unit asset sold for $13,605,000 million. Marcus & Millichap Capital…

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Stonewood Apartments in Brea Sold for $16 Million 1600 1067 The Leeson Group | Marcus & Millichap

Stonewood Apartments in Brea Sold for $16 Million

Nulook Floor Buys 35 Units on Imperial Highway Nulook Floor bought the 35-unit Stonewood Apartments at 410 W. Imperial Highway in Brea, California, from a local investor for $16 million, or about $457,000 per unit. Renovated in 2007, the two-story, 30,008-square-foot multifamily property features on-site laundry and is located directly across the street from Brea…

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Garden Apartments Trade Hands in Westminster 1210 935 The Leeson Group | Marcus & Millichap

Garden Apartments Trade Hands in Westminster

Trask Apartments Buys 25 Units for $9.3 Million Trask Apartments purchased the 25-unit Garden Apartments at 7920 Trask Ave. in Westminster, California, for $9.3 million, or $372,000 per unit, from a group of private investors. The single-story, 19,097-square-foot multifamily property was fully occupied at the time of sale. It offers a mix of one-, two-…

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Management Group Sells Buena Park Apartments 1592 1062 The Leeson Group | Marcus & Millichap

Management Group Sells Buena Park Apartments

Private Investors Pay $18.7 Million for 48-Unit Villa Grande Structure Property Management Group sold the Villa Grande Apartments at 7720 Crescent Ave. in Buena Park, California, for $18.7 million, or about $390,000 per unit, to a pair of private investors. The 39,416-square-foot multifamily complex features upgraded one- and two-bedroom units, controlled access, a swimming pool,…

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Investor Buys Compass Apartments in Anaheim 1364 766 The Leeson Group | Marcus & Millichap

Investor Buys Compass Apartments in Anaheim

Local Owner Divests 18 Units on Sumac Lane A private investor purchased the 18-unit Compass Apartments at 1767 W. Sumac Lane in Anaheim, California, for $5.15 million, or about $286,000 per unit, from local owners. Recent improvements to some of the units at the 12,002-square-foot multifamily property include new cabinetry, granite counter tops, remodeled bathrooms…

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Ten Sixty Apartments Sold in Santa Ana 1437 1078 The Leeson Group | Marcus & Millichap

Ten Sixty Apartments Sold in Santa Ana

25 Units Trade for $5.8 Million A private investor acquired the Ten Sixty Apartments at 1060 W. 17th St. in Santa Ana, California, for $5.8 million, or $232,000 per unit, from a local owner. The 25-unit, 14,332-square-foot multifamily building features gated access, open and garage parking, on-site laundry facilities and a central courtyard. Tyler Leeson,…

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Rolling Hills Apartment Homes Complex in Torrance Sells for $49.5 Million 1920 1280 The Leeson Group | Marcus & Millichap

Rolling Hills Apartment Homes Complex in Torrance Sells for $49.5 Million

Rolling Hills Apartment Homes, a 107-unit apartment complex in Torrance, recently sold for $49.5 million, or $463,000 per unit. Calabasas, California-based Marcus & Millichap (NYSE: MMI) said both the buyer and the seller of the 52-year-old property on two acres were unnamed “private investors.” MMI said the property’s unit mix is 59 one-bedroom apartments, 30…

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Apartments in Tustin, California, Sell for $26 Million 1240 720 The Leeson Group | Marcus & Millichap

Apartments in Tustin, California, Sell for $26 Million

Sale Ranks As Second-Largest of 2020 in Central Orange County Community The 80-unit Woodside Garden Apartments in Orange County’s Tustin, California, sold for $26 million in a deal between two local investors. Strattford Capital LLC, based in nearby Irvine, California, bought the 50-year-old apartments from Newport Beach-based private real estate investor Yacoel Properties, according to…

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