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Home Finance 53-Unit Portfolio in Anaheim Trades for $16.77MM in 1031 Exchange
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53-Unit Portfolio in Anaheim Trades for $16.77MM in 1031 Exchange

October 28, 20243 Mins read501
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NEWPORT BEACH, Calif. - CBRE announced the sale of two multifamily apartment communities in Anaheim, Calif., totaling $16.77 million ($316,415 per unit combined) and 53 units, facilitating and completing a 1031 exchange for a local private investor.   “Our client wanted to trade their existing 20-unit, 1960s apartment property, Pearson Gardens, for a newer property with more […]

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