SOLD
Waterford Property Company Acquires Multifamily Property For $206M In Cameo & Garrison Market
1055 West Town and Country Road & 1725 West Katella Avenue
MultiFamily
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
An undisclosed property located at 1055 West Town and Country Road and 1725 West Katella Avenue has been sold in a recent closed transaction. The asset, categorized as multifamily, was part of the Cameo and Garrison market. The sale was finalized on September 24, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $206,000,000
- Units: 356
- Price per Unit: $578,651
The buyer of the property was Waterford Property Company, represented by John Drachman and Sean Rawson from Standard Communities and California Statewide Community Development Authority. On the other side, Toll Brothers and BMV Marble LLC acted as the sellers. The brokerage team involved in the transaction included Joseph Smolen, Geoff Boler, and Lee Redmond from Eastdil Secured, as well as Tom Moran from Berkadia.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Joseph Smolen, Lee Redmond & Tom Moran
DATE: 09/24/2021
ADDRESS: 1055 West Town and Country Road & 1725 West Katella Avenue
MARKET: Cameo & Garrison
ASSET TYPE: Multifamily
BUYER: Waterford Property Company - John Drachman & Sean Rawson, Standard Communities & California Statewide Community Development Authority
SELLER: Toll Brothers & BMV Marble LLC
BROKERS: Joseph Smolen, Geoff Boler & Lee Redmond - Eastdil Secured; Tom Moran - Berkadia
SALE PRICE: $206,000,000
UNITS: 356 ~ PPU: $578,651View on map
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Address1055 West Town and Country Road & 1725 West Katella Avenue
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