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Anaheim Apartments Sell to Private Buyer in 1031 Deal
CBRE arranged the sale of a 12-unit multifamily property located at 921-927 S. Trident St. in Anaheim to a private investor in a 1031 exchange. The sale price was $4.25 million, representing $354,166 per unit and $324 per square foot.
EVP Dan Blackwell and senior associate Andrew Boukather represented the seller, an Orange County-based private real estate investor. Additionally, Blackwell and Boukather, along with CBRE VP Sean Farag, represented the Orange County-based exchange buyer.
“Six competitive offers were generated as a result of our marketing efforts,” said Blackwell. “The property, located in a prime location near the prominent intersection of Euclid Street and Ball Road in Anaheim, presented significant upside potential in a strong rental market with limited inventory.”
- ◦Sale/Acquisition




