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

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

Share
apartment building facade
Photo by Eduardo Alvarado on Unsplash
Share

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.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Featured Content


Recent Posts

Related Articles

LACERA Lands $200MM Slot in Energy Capital Partners’ $8.1 Billion Power Fund, Adds $75MM Whitman Peterson Co-Investment

The Los Angeles County Employees Retirement Association squeezed a $200 million commitment...

SoCal Apartment Sales Surge 36% to $4.3 Billion as Rents Stall and Cap Rates Rise

Southern California apartment investors drove third-quarter sales to $4.32 billion even as...

Orange County Apartment Sales Nearly Triple to $1.1 Billion as Cap Rates Fall to 4.6%

Orange County’s apartment market posted a nearly threefold jump in quarterly sales...

Greenlaw Partners Buys 346,000 SQFT 100 Bayview in Newport Beach From Granite Properties for $98MM

Newport Beach-based Greenlaw Partners has bought 100 Bayview, the twin-tower, 346,335-square-foot office...