Ken Leon - Quest Capital Partners Acquires Multifamily Property In San Bernardino, CA For $8.25M

The multifamily property located at 363 E Gilbert St in San Bernardino, CA has been sold for a price of $8,250,000. The property consists of 71 units with an average price per unit of $116,197. The total square footage of the property is 35,200, with an average price per square foot of $234.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,250,000
• Units: 71
• Price per Unit: $116,197
• Square Footage: 35,200
• Price per Square Foot: $234

The buyer of the property is Ken Leon from Quest Capital Partners, while the seller is Srinivas Yalamanchili from Positive Investments. The transaction was facilitated by brokers Bryan LaBar and Otto Ozen from The Mogharebi Group.