Interwest Capital Acquires Multifamily Property On 551 E. Riverisde Dr. In Inland Empire For $45.6M

Interwest Capital, represented by Alex Roudi, Elliott Burrell, and Chris Nesbitt, has acquired a multifamily property located at 551 E. Riverisde Dr. in the Inland Empire market. The property consists of 142 units with a total square footage of 116,425. The sale price for this transaction was $45,606,000, resulting in a price per unit of $321,169 and a price per square foot of $391.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $45,606,000
• Address: 551 E. Riverisde Dr.
• Market: Inland Empire

The sale of the property was facilitated by Dean Zander and Stew Weston of CBRE acting as the brokers for FPA Multifamily. The involvement of these key individuals and companies sheds light on the successful completion of the transaction.