Eric Chen Kevin Sin & Blake Torgerson Of CBRE Sells Multifamily Asset In Redlands For $4.8M

The transaction involved a multifamily asset located at 1002, 06, 16, 22, 28 Tribune St & 1001, 07 Post St in Redlands, CA. The property was sold for $4,800,000, consisting of 25 units and a total square footage of 27,592. The price per unit was recorded at $192,000, while the price per square foot came to $173.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,800,000
• Units: 25
• Square Footage: 27,592
• Price Per Unit: $192,000
• Price Per Square Foot: $173

The deal was facilitated by brokers Eric Chen, Kevin Sin, and Blake Torgerson from CBRE, representing the involved parties in the transaction.