SOLD
Developer Acquires Mixed-Use Property In Upland, CA For $5.2M
167 Sultana Street
Mixed-use
110,018 SF
110,018 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Mixed-use
110,018 sqft
A mixed-use property located at 167 Sultana Street in Upland, CA was recently sold for $5,200,000. The property spans a total of 110,018 square feet, resulting in a price per square foot of $47. The sale took place on March 19, 2021, and was facilitated by Benji Gribnau, Leor Binshtock, and Jake Zacuto.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,200,000
- Square Footage: 110,018 sqft
- Price per Square Foot: $47
- Address: 167 Sultana Street
- Market: Upland
The buyer, who is a developer working through entitlements, plans to construct 140 luxury multifamily units in the thriving and up-and-coming area of Upland, CA. This purchase presents a significant opportunity for further development in this dynamic market.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Leor Binshtock @Leor_S_B, Benji Gribnau @BenjiMichaelz & Jake Zacuto
DATE: 03/19/2021
ADDRESS: 167 Sultana Street
MARKET: Upland
ASSET TYPE: Mixed-use
BROKERS: Benji Gribnau @BenjiMichaelz, Leor Binshtock @Leor_S_B & Jake Zacuto @ZacutoGroup
SALE PRICE: $5,200,000
SF: 110,018 ~ PPSF: $47
NOTE: Purchased by a developer working through entitlements to build 140 luxury multifamily units in the highly dynamic, and up-and-coming area of Upland, CAView on map
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Address167 Sultana Street
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