CBRE Brokers $5.5M Sale Of Two Multifamily Properties In Anaheim, CA

CBRE brokered the sale of two multifamily properties in Anaheim, California. The first property, located at 1121-1125 Way Fay Lane, consists of 12 units and was sold for $2.92 million to an Orange County-based buyer. The second property, comprising eight units and situated at 311 & 315 South Kroeger Street, was purchased for $2.58 million by a repeat buyer. The seller of the second property is based in San Diego County.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $5,500,000
• Units: 20
• Price Per Unit (PPU): $275,000
• Brokers: Sean Farag, Dan Blackwell, Andrew Boukather, and Amanda Fielder of CBRE

The sale of these two Anaheim multifamily properties, totaling 20 units, was facilitated by CBRE. The brokers involved in the transaction include Sean Farag, Dan Blackwell, Andrew Boukather, and Amanda Fielder, all representing CBRE. The buyer of the first property is based in Orange County, while the second property was purchased by a repeat buyer. The seller of the second property is located in San Diego County.