California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
83-Unit Redlands MF Trades for $19M
Marcus & Millichap completed a $19-million sale of Cypress Villas, an 83-unit apartment property located in Redlands, CA. The buyer was an unnamed limited liability company.
Cypress Villas is located at 301 E Cypress Ave. near Interstate 10, downtown Redlands and the University of Redlands. The property was built in 2006 on roughly 4.7 acres and has 61 two- bedroom/two-bath units, 14 one-bedroom/one-bath units, seven, three-bedroom/two-bath units and one, three-bedroom/two-bath unit.
Marcus & Millichap’s Jim Kordell secured and represented the buyer. The seller was undisclosed.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


