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Home Finance Benedict Canyon Equities and LEM Capital Acquire 132-Unit Sunrise Fountains Apartments in Anaheim for $42.75MM
FinanceIndustry NewsOrange CountyResidential

Benedict Canyon Equities and LEM Capital Acquire 132-Unit Sunrise Fountains Apartments in Anaheim for $42.75MM

May 5, 20263 Mins read511
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Value-add acquisition prices at $323,864 per unit as Orange County multifamily vacancy tightens to 3.9 percent A Los Angeles-based multifamily investment firm has clinched a 132-unit apartment community in Anaheim's Anaheim Resort submarket, betting that professionalized management and a targeted renovation program can unlock significant upside in one of Southern California's tightest rental markets.  Benedict […]

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