Acquires 48-Unit Multifamily In Moreno Valley For $8.72M

The multifamily property located at 13260 Heacock Street in Moreno Valley has been sold in a recent transaction. The property consists of 48 units, with an average price per unit of $181,667. The total square footage of the property is 39,200, resulting in a price per square foot of $222. The sale price for the property was $8,720,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,720,000
• Units: 48
• Average Price Per Unit: $181,667
• Square Footage: 39,200
• Price Per Square Foot: $222
• Address: 13260 Heacock Street, Moreno Valley
• Market: Moreno Valley

The buyer in this transaction is , while the seller is . The deal was facilitated by Eric Chen and Blake Torgerson from CBRE, who represented the buyer and seller respectively.