Home Finance Longtime Family Owner Sells 29-Unit Empire Apartments in Anaheim for $8.5MM in All-Cash 1031 Play
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Longtime Family Owner Sells 29-Unit Empire Apartments in Anaheim for $8.5MM in All-Cash 1031 Play

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Photo by Eduardo Alvarado on Unsplash
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A family that held Anaheim's Empire Apartments for more than three decades sold the 29-unit, townhome-heavy complex to a large property management company for $8.5 million in an all-cash, 26-day deal, the first piece of a broader Anaheim portfolio being traded into apartments elsewhere in Orange County.

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