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California  + Orange County  + Apartments  | 
CBRE arranged the sale of a 12-unit multifamily property in Anaheim to a private investor in a 1031 exchange

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.”

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CBRE's Blackwell

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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