SOLD
Lester Tjelmeland Acquires 96-Unit Multifamily In Riverside For $23.1M
6556 Arlington Avenue
MultiFamily
72,600 SF
72,600 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
72,600 sqft
A multifamily property located at 6556 Arlington Avenue in Riverside has been sold for a price of $23,100,000. The property consists of 96 units with an average price per unit of $240,625. The total square footage of the property is 72,600, with an average price per square foot of $318.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $23,100,000
- Address: 6556 Arlington Avenue, Riverside
- Units: 96
- Price per Unit: $240,625
- Square Footage: 72,600
- Price per Square Foot: $318
The buyer in this transaction was Lester Tjelmeland, while the seller was Jeannette Sexton. The deal was facilitated by Blake Torgerson and Eric Chen from CBRE.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Eric Chen & Blake Torgerson
DATE: 02/22/2023
ADDRESS: 6556 Arlington Avenue
MARKET: Riverside
ASSET TYPE: Multifamily
BUYER: Lester Tjelmeland
SELLER: Jeannette Sexton
BROKERS: Blake Torgerson (@Blaketorg32) & Eric Chen (@Eric_c_chen) - CBRE (@CBRE)
SALE PRICE: $23,100,000
UNITS: 96 ~ PPU: $240,625
SF: 72,600 ~ PPSF: $318View on map
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Address6556 Arlington Avenue
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