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Avanath Capital Management Acquires Multifamily Property In Anaheim Hills For $87.5M

Property Image
SOLD
$87,500,000

California

See Similar Deals
MultiFamily
Sold 04/19/2021
the dealdetailscomps
Property Image
SOLD

Avanath Capital Management Acquires Multifamily Property In Anaheim Hills For $87.5M

145-235 South Festival Drive, Anaheim, CA, USA

See Similar Deals
MultiFamily
Sold 04/19/2021
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

An apartment complex located at 145-235 South Festival Drive in Anaheim Hills has been sold for $87,500,000. The multifamily property consists of 261 units, with a price per unit of $335,249. The transaction took place on April 19, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $87,500,000
  • Address: 145-235 South Festival Drive, Anaheim Hills
  • Market: Anaheim Hills
  • Buyer: Avanath Capital Management
  • Seller: Security Properties
  • Units: 261
  • Price per Unit: $335,249
  • Date: April 19, 2021

The buyer, Avanath Capital Management, acquired the property from the seller, Security Properties. The deal was facilitated by Daryl J. Carter, John Marasco, John R. Williams, Bob Krokower, and Jun Sakumoto.

Players

AM
Avanath Capital Management
BUYER
Security Properties
Security Properties
SELLER

Details

SOLD
IMAGE: Daryl J. Carter, John Marasco, John R. Williams, Bob Krokower & Jun Sakumoto DATE: 04/19/2021 ADDRESS: 145-235 South Festival Drive MARKET: Anaheim Hills ASSET TYPE: Multifamily BUYER: Avanath Capital Management SELLER: Security Properties SALE PRICE: $87,500,000 UNITS: 261 ~ PPU: $335,249

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