Lam Tien Trinh Purchases Riverside Multifamily Asset From Hong Zhang For $3.3M
California
See Similar DealsLam Tien Trinh Purchases Riverside Multifamily Asset From Hong Zhang For $3.3M
3060 Panorama Road
See Similar DealsSummary
The transaction involved a multifamily property located at 3060 Panorama Road in the Riverside market. The asset was sold for $3,300,000, comprising 12 units with a price per unit of $275,000. The total square footage of the property is 14,529, resulting in a price per square foot of $227.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,300,000
- Units: 12
- Price Per Unit: $275,000
- Square Footage: 14,529
- Price Per Square Foot: $227
- Buyer: Lam Tien Trinh
- Seller: Hong Zhang
- Broker: Eric Chen, Kevin Sin & Blake Torgerson - CBRE
Eric Chen, Kevin Sin, and Blake Torgerson from CBRE represented the transaction, facilitating the process between buyer Lam Tien Trinh and seller Hong Zhang. This representation played a crucial role in the successful sale of the property.
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