Waterford Property Company Acquires Anaheim Multifamily For $127.3M

The multifamily property located at 1818 S. State College Blvd. in Anaheim has been sold in a recent transaction. The sale was facilitated by Joseph Smolen, Geoff Boler, and Lee Redmond. The buyer of the property is Waterford Property Company represented by Sean Rawson and California Statewide Community Development Authority. The seller of the property is UDR. The transaction took place on 10/21/2021 at a sale price of $127,260,000. The property consists of 265 units, with a per unit price of $480,226.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $127,260,000
• Address: 1818 S. State College Blvd., Anaheim
• Market: Anaheim
• Buyer: Waterford Property Company - Sean Rawson & California Statewide Community Development Authority
• Seller: UDR
• Brokers: Joseph Smolen, Geoff Boler & Lee Redmond
• Units: 265
• Price Per Unit: $480,226

The sale of the property on 1818 S. State College Blvd. in Anaheim was completed with the assistance of Joseph Smolen, Geoff Boler, and Lee Redmond. The transaction involved the buyer, Waterford Property Company, represented by Sean Rawson and California Statewide Community Development Authority, and the seller, UDR. The property comprises 265 units and was sold at a price of $127,260,000, with a per unit price of $480,226.